WHOLLY OWNED SUBSIDIARY Definition

WHOLLY OWNED SUBSIDIARY is an entity whose parent owns virtually 100% of its common stock.

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DELIVERY ORDER is a document from the consignee, shipper, or owner of freight ordering the release of freight to another party.

BLACK MARKETS are created when buyers and sellers meet to negotiate the exchange of a prohibited or illegal good. More generally, it is any unofficial market in which prices are inordinately high.

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