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Definition of Picking transaction
Withdrawing parts or subassemblies from stock in order to
picking for several summarized orders at the same time, thereby
A transaction where exchange is immediate, as contrasted to a forward contract, which
Selecting specific assets for sale so as to record desired gains or losses.
A picking method requiring the sequential completion of
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.
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.
services are readily convertible into known amounts of cash or claims to cash.
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.
The financial description of a business event.
A business event that has a monetary impact on an entity’s financial statements,
Transaction demand (for money)
The need to accommodate a firm's expected cash transactions.
Risk to a firm with known future cash flows in a foreign currency that arises from
A loan extended by a bank for a specific purpose. In contrast, lines of credit and revolving
The time, effort, and money necessary, including such things as commission fees and the
A desire to hold cash for the purpose of conducting cash based transactions.
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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