BOOKING Definition

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BOOKING, in import / export, is an arrangement with a shipping company to load and carry a shipment.

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CASH COWS are products that produce a large amount of revenue or margin because they have a large share of an existing market which is only expanding slowly.

TRAILING, in time periods, is the most recently completed time period. For example, trailing twelve months would be the twelve-month period which ended on the final day of the last month.

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