BCL Definition

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BCL is an acronym for, among others, Bank Comfort Letter or Bachelor of Canon/Civil Law.

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CONTROLLABLE MARGIN technically is the excess of contribution margin over controllable fixed costs. Managerially it is that margin that you can reasonably expect from a process that is balanced and controlled. Controllable margin is considered to be the best measure of a managers performance in efforts to control revenues and costs.

PATACA is a currency of Macao.

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