Examlex
What do marketers mean by the term "AIOs"?
FOB Shipping Point
A shipping term indicating that the buyer takes responsibility for the goods and covers shipping costs from the point of departure.
Debit Memo
A document issued by a buyer to a seller to correct errors, reduce amounts owed, or return funds in the case of an overpayment.
Perpetual Inventory System
An inventory management system where updates are made continuously as transactions occur, keeping a real-time track of inventory levels.
Freight Charges
Costs associated with the transportation of goods, typically paid by the shipper to the carrier.
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