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What does net 30 mean?
Receipt of Goods, meaning the 30 day terms do not begin until goods are received by the customer.
What does net 30 ROG mean?
Receipt of Goods, meaning the 30 day terms do not begin until goods are received by the customer.
What does 'tranche' mean in financial terms?
Tranche is a derivative of the same french word meaning "slice." In financial terms it means a part of a transaction, for example an investment could be divided by tranches and have varying terms and returns depending upon the tranche.
Can you explain what does "in credit" mean in financial terms?
"In credit" in financial terms means that a person or entity has a positive balance in their account or has money owed to them. It indicates that they have funds available to use or that they are owed money by someone else.
What terms mean related to money?
The word "fiscal" means related to money and finance.
What does ROG mean in payment terms?
Payment is required on Release Of Goods
Do the terms financial reporting and financial statement mean the same thing explain?
No they do not mean the same thing. Financial reporting is the more indept report. A financial statment are a subset of the total information in the financial report.
What does net 30 mean?
Receipt of Goods, meaning the 30 day terms do not begin until goods are received by the customer.
What is provided by GE financial services?
GE financial services provide finance for people wishing to buy electrical goods. They will explain the terms and conditions of the loan and then lend the money to customers.
What does net 30 ROG mean?
Receipt of Goods, meaning the 30 day terms do not begin until goods are received by the customer.
What does 'tranche' mean in financial terms?
Tranche is a derivative of the same french word meaning "slice." In financial terms it means a part of a transaction, for example an investment could be divided by tranches and have varying terms and returns depending upon the tranche.
What does default mean in financial terms?
It means that the borrower did not pay as promised. It means you are in default on the loan.
Can you explain what does "in credit" mean in financial terms?
"In credit" in financial terms means that a person or entity has a positive balance in their account or has money owed to them. It indicates that they have funds available to use or that they are owed money by someone else.
What does CFS mean in shipping terms?
CF means cargo and freight in shipping terms. The person who is selling goods pay for the cost of the goods and freight charges. CF has been replaced with CFR.
What does 'financial support' and 'maintenance' mean in a trust document?
It means someone who gives help in terms of finace surport.
What terms mean related to money?
The word "fiscal" means related to money and finance.
What does product diversity mean?
Competitive markets exist when there is genuine choice for consumers in terms of who supplies the goods and services they demand
