Examlex
The balance of payments account which records foreign investment in the United States and U.S. investments abroad is the
Non-Cancellable
Describes a contract or agreement that cannot be terminated or annulled by either party without facing penalties.
Fixed Price
Refers to the set cost of a good or service that does not change regardless of variations in the market or production costs.
Purchase Obligation
An agreement that legally binds a company to buy a specified amount of goods or services at predetermined prices in the future.
Gross Profit Margin
A financial metric that indicates the percentage of revenue that exceeds the cost of goods sold, showing the financial health and profitability of a company's core activities.
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