BROWN BOOK Definition

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BROWN BOOK is industry slang for Development of the Oil and Gas Resources of the United Kingdom; an annual report.

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TRADE DISCOUNT is a producer discount given to retail trade members to assist them in increasing sales of the producers product.

MONITOR, generally, is to keep tabs on; keep an eye on; or, keep under surveillance. In business, it is a person or firm appointed to review and report on, without controlling or approving, the day-to-day transactions of a business. Particulars of the engagement are usually set out in an exchange of letters, an agreement or court order.

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