PACKING LIST Definition

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PACKING LIST is a statement of the contents of a container, usually put into the container so that the quantity of merchandise may be counted by the person who opens the container. Also known as a packing slip.

Learn new Accounting Terms

SPOT RATE is the price at which a currency can be purchased or sold and then delivered within two business days, e.g., spot dollar.

NOMINAL CAPITAL is total face value of authorized issuable capital.

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