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Business Letters Index
Commercial Terms starting with B. Back Bill : A statement of unpaid chargers. Bad Dept : A dept, which is no more accepted to be recoverable from the doctor. Balance Sheet : A list or statement showing the details of assets and liabilities of any organization. Bank acceptance : A bill of exchange accepted by a bank for payment on the date. Bank Note : In India, the issue of bank notes, is the monopoly of RBI. A bank note is a legal tender and is a promissory note payable on demand to bearer. Bill of Entry : A document describing goods before they are landed, which importers give to customers authorities. Bill of Exchange : It is an unconditional written order by one party ordering the latter to pay to same third party, on demand or at some future date. Bill leading : A document carried by the carrier to the shipper as a receipt and as a contract governing transportation and delivery of the articles only. Bond : A sealed document by which a person binds himself, his heirs, executors and administrators to pay a certain sum to another person on or before a specified date. Bonded goods : Goods stored in a warehouse by an owner who had furnished a bond to pay duty or taxes due. Bonded Warehouse : A government building, in which bonded goods are stored. Brand : Trademark applied on packages, casks and other containers. Breach of Contract : Breaking the terms of contract by non-performance or doing some such act, which is contrary to the terms of the contract. Broker : Is an agent who buys and sells on behalf of other people without taking possession of the goods. Brokerage : It is the remuneration, which is paid to the broker. It is generally a certain percentage. A | B | C | D | E | F | G | H | I | J | K | L | M N | O | P | Q | R | S | T | U | V | W | X | Y | Z Commercial Terms to HOME PAGE |
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