Examlex
Inclusion of essential elements in job descriptions for jobs covered by the legislation is required by the
Sales
The exchange of goods or services for money, representing the primary revenue source for most businesses.
COGS
Stands for Cost of Goods Sold; it's the direct cost attributable to the production of the goods sold by a company, including both raw materials and labor costs.
Compensating Balance
A minimum bank account balance a borrower must maintain as part of a loan agreement.
Effective Annual Interest Rate
The real return on a savings account or any interest-bearing investment, taking into account the effect of compounding interest.
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