Definition of At value

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TeachMeFinance.com




historic definition...

At value -- This is a term used in commercial dealings and particularly in transactions in dry goods. If a sale of goods for delivery in the next or an ensuing season is made at value instead of at a designated price it means that the price has not yet been fixed for the season in question and that the goods will be billed at the price ruling when shipment is made. Also, goods sold for the current season, but the prices of which are subject to change, often are sold at value, which means that they will be billed at the price ruling when shipment is made.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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