ADI Definition

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ADI, in invoicing, is After Date of Invoice.

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COST-TO-COST METHOD, in construction contracts, is an estimate of completion in which the state of completion is the ratio of costs incurred as of a given date divided by the estimated total project cost. See also PERCENTAGE OF COMPLETION METHOD OF ACCOUNTING.

CHIPS is Clearing House Interbank Payment System. A computerized payment system for clearing checks in New York.

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