WAYBILL Definition

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WAYBILL is a document prepared by a carrier for a shipment of goods that contains details of the shipment, route, and charges. 

Learn new Accounting Terms

AT RISK is the exposure to the danger of economic loss; frequently used in the context of claiming tax deductions. For example, a person can claim a tax deduction in a limited partnership if the taxpayer can show it is at risk of never realizing a profit and of losing its initial investment.

BOUNCED CHECK is a check written for an amount exceeding the checking account balance that is subsequently rejected for payment due to insufficient funds.

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