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Definition of Picking transaction
Withdrawing parts or subassemblies from stock in order to
A transaction where exchange is immediate, as contrasted to a forward contract, which
Publicly owned stock in a firm is replaced with complete equity ownership by a
Bank loan to a highly leveraged firm.
transaction carried out between two units of the same corporation.
Costs of completing a transaction, including commissions, market impact
A self-funding, self-hedged series of transactions that usually utilize
Any transaction that is not tax-free to the parties involved, such as a taxable acquisition.
Risk to a firm with known future cash flows in a foreign currency that arises from
The time, effort, and money necessary, including such things as commission fees and the
A loan extended by a bank for a specific purpose. In contrast, lines of credit and revolving
The need to accommodate a firm's expected cash transactions.
A desire to hold cash for the purpose of conducting cash based transactions.
The financial description of a business event.
A business event that has a monetary impact on an entityâ€™s financial statements,
Selecting specific assets for sale so as to record desired gains or losses.
Realizable Revenue A revenue transaction where assets received in exchange for goods and
services are readily convertible into known amounts of cash or claims to cash.
picking for several summarized orders at the same time, thereby
Discrete order picking
A picking method requiring the sequential completion of
The process of moving items from stock for shipment to customers.
A document listing items to be removed from stock, either for delivery to the shop floor for production purposes or for delivery to a customer.
The practice of grouping the priority of pick lists so that groups of
The practice of picking by area of the warehouse, rather than by
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