ESCUDO Definition

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ESCUDO is a currency of Chile, Mozambique, and Portugal.

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GOOD DELIVERY, in securities, is the opposite of a fail. The instru­ment and the dollar amounts agree and a transaction is completed as initially executed. "Good delivery form" is when the instrument is properly documented in all respects and therefore acceptable for delivery to complete a transaction.

POINT OF is a positional determinant or modifier in that it is either the starting or ending position, e.g. point of sales, point of delivery, point of collection, or point of completed production.

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