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Closeout (sale) A closeout or clearance sale (also called a closing down sale in the United Kingdom [ 1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [ 2]
Bohni. Bohni ( Hindustani: बोहनी or بوہنی) is a social and commercial custom of India and Pakistan that is based on the belief that the first sale of a day (or other selling period) establishes the seller's luck for subsequent choti transactions during the remainder of the day. [1] [2] In practical terms this means that sellers ...
Bureau of Indian Standards. The Bureau of Indian Standards ( BIS) is the National Standards Body of India under Department of Consumer affairs, [ 2] Ministry of Consumer Affairs, Food & Public Distribution, Government of India. [ 3] It is established by the Bureau of Indian Standards Act, 2016 which came into effect on 12 October 2017. [ 4]
Slum clearance, slum eviction or slum removal is an urban renewal strategy used to transform low-income settlements with poor reputation into another type of development or housing. This has long been a strategy for redeveloping urban communities; for example, slum clearance plans were required in the United Kingdom in the Housing Act 1930 ...
Investigations. The following investigations are used in clearance determinations: [ 12] ANACI (Access National Agency Check with Inquiries) – Initial Confidential, Secret, L, LX; only used for civilian employees. NACLC (National Agency Check with Law and Credit) – Initial Confidential, Secret, L, LX; reinvestigations.
Customs house agent. In India, a customs house agent (CHA) is licensed to act as an agent for transaction of any business relating to the entry or departure of conveyances or the import or export of goods at a customs station. CHAs maintain detailed, itemized and up-to-date accounts. A CHA license may be temporary or permanent.
Section 4 of Sale of Goods Act define the term "Sale" and "agreement to sell" as follows: A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. A contract of sale may be absolute or conditional.
Stock clearance, also known as inventory clearance, refers to the sale of remaining merchandise or goods at significantly reduced prices to clear out old or overstocked inventory, making room for new products. Companies often engage in stock clearance sales to optimise inventory levels, minimise holding costs, and free up space in warehouses or ...