Search results for: “going price”
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Going Price
What is Going Price? A definition of going price is: The prevalent market price; the current market value of the article in question at the time and place of sale.[1] Resources Notes “Going Price” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989) […]
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Going Price
What is Going Price? A definition of going price is: The prevalent market price; the current market value of the article in question at the time and place of sale.[1] Resources Notes “Going Price” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989) […]
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Structural Funds
Concept of Structural funds An introductory definition of structural funds in relation to the European Union law and policies is available here: The collective name given to four (or perhaps more properly five) funds set up to assist underdeveloped, declining or economically stagnant regions […]
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Customs Valuation
Customs valuation in Global Commerce Policy In this regard, customs valuation is: methods used by customs authorities to allocate a value to imported goods for the purpose of striking the correct import duty. The WTO Agreement on Implementation of Article VII [customs valuation] of the General […]
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Ordinary
Regular , usual , normal, common , often recurring, customary.
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Stolper-Samuelson Theorem
Stolper-Samuelson theorem in Global Commerce Policy In this regard, stolper-samuelson theorem is: a proposition put forward in 1941 by the economists Wolfgang Stolper and Paul Samuelson. The entries on trade policy are here. It shows that under certain assumptions (importantly that land and […]
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Book Value
The value of anything as shown in books of account; not necessarily the market value, but it is value after crediting surpluses or losses, or in the case of depreciable capital assets, after deducting the permitted amount of depreciation each year.
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Heirloom
Personal chattels that go to the heir, together with the inheritance . It is a chattel intended to devolve with land.
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Bought And Sold Notes
Documents which are usually delivered bv brokers to their principals on the conclusion of a contract of sale and purchase, the bought note being delivered to the buyer, and the sold note to the seller. The notes should contain the names of both the contracting parties, the quantity of the […]
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Accounts receivable financing
A method of receiving ready cash for one’s accounts receivable before they are payable. Assume that a business enterprise is owed $10,000, payable ninety days in the future. It could make good use of that $10,000 now, perhaps to buy for a good cash price more goods to sell during a busy […]