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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]
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 ...
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Stock clearance. is an activity by a company where ownership of products and materials moves on to another legal entity. These products and materials in stock clearance will not form the basis of a company's key activities. As such, they are often end-of-line, surplus, returned, or bankrupt. A company will often pursue a non-profit-making ...
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer , indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to ...
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A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers possession of the goods to a new owner. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give, or mortgage objects. They can be used only to transfer ownership ...
Free water clearance. In the physiology of the kidney, free water clearance ( CH2O) is the volume of blood plasma that is cleared of solute -free water per unit time. An example of its use is in the determination of an individual's state of hydration. Conceptually, free water clearance should be thought of relative to the production of ...