EX-FACTORY Definition

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EX-FACTORY is where a sellers responsibility ends when the buyer at point of origin, i.e., factory, accepts merchandise. This can also be written as Ex-Warehouse, Ex-works, etc.

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PERPETUAL is a fixed income security with no maturity date, such as a preferred stock with no sinking fund.

DOBRA (DOBRAS) is a currency of St. Thomas & Prince.

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