ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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FOREIGN SALES AGENT or REPRESENTATIVE Definition

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FOREIGN SALES AGENT or REPRESENTATIVE is an entity that works to sell your merchandise in a foreign country. Equivalent to the 'Manufacturers Representative' in the U.S.

 

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BONUS is remuneration over and above regular salary.

RISK-FREE RATE is the rate of return available in the market on an investment free of default risk.


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