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 DEFICIT, in accounting, is a shortage of available funds to satisfy current obligations.

BONDED is to: a. secure payment of duties and taxes on (goods) by giving a bond; or, b. convert into a debt secured by bonds; or, c. provide a bond for or cause to provide such a bond (e.g., to bond an employee) that guarantees any monetary loss caused by intentional acts by the bonded employee.

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