Examlex
Net domestic product (NDP) is calculated by measuring GDP and subtracting
Physically Delivered
Refers to contracts, particularly in commodities trading, where the actual physical commodity is delivered upon contract expiration.
Buyer in Ordinary
Refers to a purchaser of goods who buys from someone who usually sells such goods, thereby granting certain legal protections under commercial law.
Good Faith
A principle requiring parties to act honestly and not mislead or withhold critical information in transactions.
Ownership Rights
The legal rights that confer control and discretion over property, including the rights to use, sell, or lease it.
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