DROP SHIP Definition

Bookmark and Share

DROP SHIP is where the seller/retailer of a product ships the product directly from the manufacturer to the customer without requiring inventory carrying by the seller/retailer.

Learn new Accounting Terms

IAPC is International Auditing Practices Committee.

LIABILITY, in accounting, is a loan, expense, or any other form of claim on the assets of an entity that must be paid or otherwise honored by that entity.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.