Definition of Short term sales

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TeachMeFinance.com - explain Short term sales



Short term sales -- Any short-term purchase covering a time period of 2 years or less. Purchases from intrastate pipelines pursuant to Section 311(b) of the NGPA of 1978 are classified as short-term sales, regardless of the stated contract term.




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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