Examlex
_____ refers to the means of keeping continuous tabs on the exact location of the goods being shipped in the logistics chain.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Down Payment
An initial payment made when something is bought on credit, representing a portion of the purchase price.
Bank Statement
A document issued by a bank detailing transactions, withdrawals, deposits, and the beginning and ending balance for an account over a specific period.
Reconcile
The process of ensuring that two sets of records or accounts are in agreement.
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