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Disposal
1. To remove an item of inventory or a capital
asset from an organization in accordance with
disposal and accounting procedures.
2. The disposition of assets or inventory.
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Disposal Cost
All expenses required to dispose
of unwanted items, such as surplus.
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Disposal Value
1. The estimated value of excess or surplus
property prior to actual disposal.
2. The proceeds obtained from a sale of surplus
property.
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Disposition
Transferring, trading-in, selling, or
destroying goods that are excess property,
surplus property, or scrap.
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Dispute
A contractual disagreement or
misunderstanding between contracting
parties specific to contract provisions or
language. See also: Protest.
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Dispute Panel
A form of Alternative Dispute
Resolution (ADR) that uses one or more
neutral or impartial individuals who are
available to the parties as a means to clarify
misperceptions, fill in information gaps, or
resolve differences over data or facts.
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Distance Learning
A method of education in
which the instructor and students are
physically separated and use various
technologies for instruction or
communication.
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Distribution
1. The movement of goods from the seller to
the buyer.
2. The logistical aspects involved in the transfer
of goods from manufacturer to end user.
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Distributor
An individual or business that buys
and sells products from a manufacturer.
Generally, a wholesaler who may represent
various manufacturers and maintains an
inventory of material.
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Diverse Business
A business with inclusive types
of ownership, including woman-owned,
veteran-owned, minority-owned, and LGBTQowned.
