Definition of Identity preserved (IP)

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TeachMeFinance.com - explain Identity preserved (IP)



Identity preserved (IP)

The term 'Identity preserved (IP) ' as it applies to the area of agriculture can be defined as ' This is the designation given to bulk commodities marketed in a manner that isolates and preserves the identity of a shipment, presumably because of unique characteristics that have value otherwise lost through commingling during normal storage, handling and shipping procedures'.

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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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