AUKSINAS (AUKSINU, AUKSINAI) Definition

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AUKSINAS (AUKSINU, AUKSINAI) is the currency of Lithuania.

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RECOVERY, in finance, a. absorption of cost through the allocation of depreciation; b. residual cost or salvage value of a fixed asset after all allowable depreciation; or, c. collection of an accounts receivable that had been previously been written off as a bad debt.

CERTIFICATE OF INSPECTION is certification, generally by an independent third party, that the goods were in good condition at the time of shipment.

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