Central document in export administrative systems under which all necessary information is entered into a single master document or computer file, which is the used to generate all shipping and export documents.
Read MoreMaster franchise
The master franchise is a type of franchising that involves three levels of participants: the franchisor, the master franchisee and de franchisees. Typically, the master franchisee will pay an initial fee and agree to a minimum development schedule. The master…
Read MoreMaster franchise contract
This contract is a franchising contract whereby a company (the Master Franchisor the owner of the trademark) grants another (Master Franchisee) the right to exploit and assign franchises on an exclusive basis, creating a franchise units network in a specified…
Read MoreMate´s receipt
A document issued by the carrier to the shipper, indicating receipt of the goods, but not loading on board. Like a Bill of Lading B/L, a mate´s receipt can be either clean or claused/dirt/foul, depending on whether or not the…
Read MoreMaturity date
The date an obligation becomes due. In bank collections, the due date of an accepted draft.
Read More