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Allowance

shipping container at sea
Definition

an allowance refers to a specific deduction or reduction granted for various factors that may affect the cost or terms of a transaction. It can include discounts, rebates, or concessions provided by a seller or carrier to incentivize or accommodate certain conditions, such as volume purchases, early payment, or special circumstances. Allowances help to create flexibility and promote favorable business arrangements within the supply chain ecosystem.

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Allowance

Definition

an allowance refers to a specific deduction or reduction granted for various factors that may affect the cost or terms of a transaction. It can include discounts, rebates, or concessions provided by a seller or carrier to incentivize or accommodate certain conditions, such as volume purchases, early payment, or special circumstances. Allowances help to create flexibility and promote favorable business arrangements within the supply chain ecosystem.

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Our experts love to answer questions. Fill out the form and someone will contact you soon.

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Oops! Something went wrong while submitting the form.

Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea