DISCLOSURE NOTE Definition

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DISCLOSURE NOTE see DISCLOSURE PRINCIPLE.

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FREE TRADE ZONE (FTZ) is an area, usually a port of entry, designated by the country for duty-free entry of goods. As long as the goods do not go into the country from the FTZ, no duty is assessed. While in the FTZ, goods may be processed, packaged, serviced or displayed.

DATE DRAFT is a payment option draft that matures in a specified number of days after the date issued.

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