RETURNS OUTWARDS Definition

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RETURNS OUTWARDS are goods bought on credit from a supplier and returned for some reason to be refunded for (Purchases returns).

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GREENMAIL, in the U.S., payment by a takeover target to a potential bidder, usually to buy back acquired shares at a premium - in return for the predator not pursuing the bid.

Q as the fifth letter of a Nasdaq stock symbol indicates that the company is in bankruptcy proceedings.

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