Examlex
Determine the amount the exporter will receive if he discounts the B/A with the importer's bank.
Defined Contribution Plans
Post-employment plans for which an employer pays fixed contributions into a separate entity (e.g., superannuation fund) on behalf of the employee.
Superannuation Fund
A superannuation fund is a pension program created by a company for the benefit of its employees, primarily practiced in Australia.
Legal Obligation
A duty that is legally enforceable because it arises out of a contract or legal requirement.
Defined Benefit Obligation
A company's liability to pay its employees' retirement benefits, calculated based on factors like salary histories and years of service.
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