SHIP IN PLACE Definition

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SHIP IN PLACE is sales billed to customers prior to delivery and held by the seller (also: "bill and hold" or "bill in place" sales).

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LIFO RESERVE is the difference between the ending inventory under LIFO and FIFO (or other method that might be chosen).

DOLLAR BOND is long-term municipal bonds quoted on a decimal or dollar price basis versus other municipal bonds, which are normally quoted on the basis of yield to maturity.

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