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DESAbbreviation for the Incoterm "Delivered Ex Ship."DES Similar MatchesDelivered Ex Ship (DES)Delivered Ex Ship (DES)Seller fulfills the contract obligations when the goods have been made available to the buyer on board a ship at the named port of destination. The seller must bear all costs and risks associated in bringing the goods to the named port of destination. The buyer is responsible for all costs necessary to unload the goods and clear them through customs. Since unloading costs are included the ocean freight charged by most ship lines. The DES is most often used for charter shipments. Tax codesTax codesUnder the PAYE system of taxing income, tax codes are allocated annually to employees. These codes enable the employer to deduct tax at the correct rate from salaries or wages on a monthly (or weekly) basis for remittance to the Inland Revenue. Most codes depict a number followed by a letter. The number refers to the amount of salary payable free of tax (for example if a person's code is 45OH, the tax free allowance will be between £4,500 and £4,509 that is, the first three numbers of the net allowances form the number of the code). The letter denotes that various personal and other allowances are included. Super Designated Order Turnaround SystemSuper Designated Order Turnaround SystemThe system that transmits New York Stock Exchange (NYSE) member firms' market and day limit orders, up to specified sizes in virtually all listed stocks, through the common message switch to the proper trading floor workstation. Specialists receiving orders through SuperDot execute them in the trading crowd at their posts, as quickly as market interest and activity permit, and return reports to the originating firm's offices via the same electronic circuit that brought them to the floor. Super-Dot can handle daily volume exceeding 2 billion shares. Flat tradesFlat tradesA bond in default trades flat; that is, the price quoted covers both principal and unpaid accrued interest. Any security that trades without accrued interest or at a price that includes accrued interest is said to trade flat. Federation Internationale des Bourses de ValeursFederation Internationale des Bourses de ValeursThe International Federation of Stock Exchanges - a Paris-based organisation that encourages co-operative policies designed to stimulate a freer flow of capital across national boundaries. Further SuggestionsBasket tradesDestabilizing speculation MONEP (Marche des Options Negociables de Paris) Trading desk (dealing desk) Dealing desk (Trading desk) Affiliate tradesmen Technical descriptors Program trades Bundesbank Tokyo Round Codes Quality Planning/Redesign Descriptor Cease and desist order Destination principle The Desk The Harmonized Commodity Description and Coding System Trades by appointment Designated order turnaround system (DOT) Approved tradesmen |
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