Tuesday, May 13, 2014

Fw: Bill And Hold

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From: "Investopedia.com" <webmaster@investopedia.com>
Date: Tue, 13 May 2014 02:00:00 -0600
To: <mainandwall@gmail.com>
Subject: Bill And Hold

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May 13, 2014
Bill And Hold
A form of sales arrangement in which a seller of a good bills a customer for products but does not ship the product until a later date. In order for a transfer of ownership to occur, certain conditions must be met. These conditions include: payment for the goods, that the goods be segregated from all other similar goods by the seller, and that the goods be finished and ready for use.
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