AIR WAYBILL Definition

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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

MONEY MEASUREMENT PRINCIPLE see MONEY MEASUREMENT CONCEPT.

MISCELLANEOUS INCOME is that income realized that is not directly related to the sale of standard products and services.

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