Tag: inventory

Quantity Discount

What is a 'Quantity Discount' A quantity discount is an incentive offered to a buyer that results in a decreased cost per...

Vendor Financing

Definition Vendor finance is a form of lending in which a company lends money to be used by the borrower to buy the vendor's products...

Vendor

DefinitionIn a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock...

Variable Cost

What is a 'Variable Cost' A variable cost is a corporate expense that varies with production output. Variable costs are those costs...

Variable Overhead

What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...
valuation period

Valuation Period

What is a valuation period A valuation period is a set period of time during which the value of an asset or security is calculated....

Waiver Of Coinsurance Clause

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company...

Warehousing

DefinitionA warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are...
warehouse bond

Warehouse Bond

A warehouse bond is a type of surety bond that guarantees payment for goods that are stored in a bonded warehouse. The bond is...

Waiver Of Inventory Clause

Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the...