LESS THAN CONTAINER LOAD Definition

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LESS THAN CONTAINER LOAD (LCL) is a shipment in which the freight does not completely fill the container; or a particular consignors freight when combined with others to produce a full container load.

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COLLATERAL is assets used as security for the extension of a loan.

SKU is an acronym for Stock Keeping Unit. It is usually used to identify an item carried in inventory or stock.

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