CASH ON HAND Definition

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CASH ON HAND literally means coin, currency, and cash items on hand. It is not possible to have negative cash on hand.

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SLIPPAGE is the difference between estimated transactions costs and actual transactions costs. The difference usually represents revisions to price difference or spread and commission costs.

INVOICE, COMMERCIAL is a legal document that functions internationally as a bill of sale. It usually contains the exporting company, contents of the shipment, amount charged, name of carrying vessel, order number and payment terms.

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