TRAILER INTERCHANGE AGREEMENT
Contract facilitating the transfer of a trailer to a second trucker in order to deliver the trailer to the final destination or until it can be moved to another trucker. Most common in delivering semi-trailers, the agreement outlines the parties engaged in the transfer of the trailer used in shipping goods, locations at which the trailer will be exchanged, the way of delivering the trailer, and fee charged for the delivery.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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