ABM Definition

Bookmark and Share

ABM see ACTIVITY BASED MANAGEMENT.

Learn new Accounting Terms

DRAFT, DEMAND OR SIGHT, in import / export, is a draft payable upon presentation to the drawee. It may be used when the exporter wishes to retain control of the shipment for credit or title retention reasons. The buyer must pay the bank before receiving the documents to take custody of the goods. A COD shipment is similar.

CFD see CONTRACT FOR DIFFERENCE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.