REPRODUCTION COST LESS DEPRECIATION (RCLD) is a technique for valuing electric distribution assets.
DELIVERY ORDER is a document from the consignee, shipper, or owner of freight ordering the release of freight to another party.
OBLIGATION BOND is a bond signed by a mortgagor (borrower) for an amount greater than the loan amount. Such a bond creates a personal obligation on the part of the borrower and assures the lender of recourse in case of nonpayment of property taxes and insurance or past due interest on the mortgage.
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