Examlex
Work-in-process consists of partially completed goods not yet ready for sale.
Principals
The original amount of money invested or loaned, not including interest or earnings.
Net Proceeds
The amount sent to the consignor as a result of consignment sales; gross proceeds minus charges.
Commission
A fee or percentage given to a salesperson, agent, or broker for facilitating or completing a sale or transaction.
Consignment
Goods from a producer to a commission merchant for sale at the best possible price.
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