Examlex
The first Macintosh virus was known as Deer Cloner.
Consignee
The person or company that receives goods for sale, storage, or shipment on behalf of another, holding goods without taking ownership.
FOB Destination
A shipping term where the seller is responsible for the delivery of goods to a specific destination, absorbing all costs and risks until the goods are received by the buyer.
Perpetual Inventory System
A method of inventory management where updates to inventory records are made continuously as transactions occur.
Net Price Method
An accounting method where discounts are not recorded in the accounting records; instead, purchases are recorded at the net purchase price.
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