Delimiter, Delinquent, Delivery, Demand

Delimiter, Delinquent, Delivery, Demand :

Delimiter : To mark the limits : a punctuation mark or a symbol such as a comma or a slash that issued to divide the data elements

Delinquent : Failure to do what is required by law, such as delaying payment for a debt : Delinquent usually implies overdue : in case the debtor defaults, implying a permanent failure of the amount owed, the creditor may take a legal action against him

Delivery : Transporting goods from the seller to buyer : The irrevocable transfer of ownership of property, goods, services, etc. from one person to another : It bears significant importance to a business to establish when its ownership will be actually transferred in order to determine liability in case of damage. For example, the carrier is responsible for the goods in transit, but in the event of damage, it is necessary to know who would file a claim and be liable to any loss that is not covered by the carrier’s insurance. Similarly, it is important to know that who would be responsible for goods that have been purchased but are held by the seller for future delivery at the buyer’s convenience.

Demand : a call for payment or realisation of a commitment : to appeal in a court for a genuine claim : the number of potential buyers of a commodity at a given price : The volume of the anticipated sales of a commodity that usually varies directly, with its price


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