DOCK RECEIPT Definition

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DOCK RECEIPT is a document issued by the ocean carrier of a shipment acknowledging receipt of the goods to be shipped.

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WHOLE LOAN is a mortgage pass-through or CMO backed by non-agency, single-family home mortgages.

SPLIT-OFF POINT is the stage in the production process at which joint products become identified as distinct products which can be sold or processed further; this is called the split-off point.

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