AIR WAYBILL Definition

Bookmark and Share

AIR WAYBILL is a bill of lading and contract between the shipper and the airline for delivery of goods to a specified location, and sometimes with specified delivery date/time. Non-negotiable, but serves as receipt from the airline to prove that goods were received.

Learn new Accounting Terms

ON ACCOUNT is a partial payment made towards satisfaction of a debt.

COST OF DEBT is interest rate times 1 minus the marginal tax rate (because interest is a tax deduction). An increase in the tax rate decreases the cost of debt.

Suggest a Term

Enter Search Term

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