ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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PREMIUM BOND Definition
PREMIUM BOND is a bond selling above its par value or its value at maturity.
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CASH is money, in the form of notes and coins, which constitutes payment for goods at the time of purchase.
EX-FACTORY is where a sellers responsibility ends when the buyer at point of origin, i.e., factory, accepts merchandise. This can also be written as Ex-Warehouse, Ex-works, etc.