CERTIFICATE OF INSPECTION Definition

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CERTIFICATE OF INSPECTION is certification, generally by an independent third party, that the goods were in good condition at the time of shipment.

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COST EFFECTIVE is when a judgment is made that something is economical in terms of the goods or services received for the money spent.

REFLATION is, upon recovering from a depression or a recession, the period during which prices are returned to the level they had attained during a period of prosperity by lowering the purchasing power of money is known as reflation.

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