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Sales and Purchase Agreement,
RWA = ready, willing and able POF = Proof of funds
In the trading market of gold and other products "COGS" is the cost of goods sold, one of the many factors along with labor and transport used to figure the profitability of the commodity traded.
Annual moving turnover
perfect competition
What does RWA mean in the oil trading business
carriage paid to
Sales and Purchase Agreement,
RWA = ready, willing and able POF = Proof of funds
fco in international trading is:Full Corporate Offer .This is the final, detailed, specific offer that the seller is sending to the buyer.Doron Tamir, Advocate.http://law.tamir.co.il/?cf=wikians
POF stands for proof of fund that is used for collateral or securities. It proofs that one has fund to maintain any cost.
RDl/c means REVOLVING DOCUMENTARY LETTER of CREDIT - it is banking instrument & it usual payment term in Int' trading when we speaking for yearly contracts. in this case each month shipment-loading has the same value.
CIS: Chinese International Shipping
Performance bond A surety bond between two parties, insuring one party against loss if the terms of a contract are not fulfilled. Usually part of a construction contract or supply agreement.
In the trading market of gold and other products "COGS" is the cost of goods sold, one of the many factors along with labor and transport used to figure the profitability of the commodity traded.
It means 10kt. in U.S. terms. 417 = 41.7% gold in European terms.
What distinguises gold and platinum records- not the composition of the records I mean in terms of how many are sold.