Proof of Delivery (POD) is a vital document in the logistics and transportation industry, providing evidence that goods have been delivered to the intended recipient. Here's a detailed definition tailored…
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A Factoring Master Agreement (FMA) is a comprehensive contract between a business and a factoring company that outlines the terms and conditions under which the factoring services will be provided.…
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A Variable Rate is an interest rate on a loan or financial product that can fluctuate over time based on changes in a reference interest rate or index. For a…
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Trade Credit Insurance (TCI) is a type of insurance policy designed to protect businesses against the risk of non-payment by their customers. It covers the losses that arise when a…
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Export finance refers to the various financial products and services available to UK businesses to support their international trade activities. It helps companies manage the risks and costs associated with…
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A Purchase Ledger is a vital component of a company's accounting system in the UK, used to track and manage purchases and expenditures. Here's a detailed description tailored for a…
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Shareholder equity, also known as shareholders' equity, owners' equity, or simply equity, represents the residual interest in a company's assets after deducting its liabilities. It essentially reflects the net value…
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