Bill of Materials (BOM)
A BOM is a list of specifications that uniquely defines manufacturing sequence, materials, and procedures utilized in the manufacture of a specific product . |
Similar financial terms
Treasury BillA short-term debt instrument issued by the government to finance its budget. Treasury bills has usually no coupon attached to it.
Treasury Bills
Treasury Bills refers to very short term debt instruments issued by the Bank of England on behalf of the UK Government. They are negotiable, bearer, zero-coupon debt instruments. The maturity of T-Bills ranges from one month (approx. 28 days), 3 months (approx 91 days), 6 months (approx. 182 days) to 12 months (up to 364 days). The minimum face value (since October 2001) is £25,000. T-Bills are widely considered to be risk-free.
U.S. Treasury bill
U.S. government debt with a maturity of less than a year.
Statement billing
Billing method in which the sales for a period such as a month (for which a customer also receives invoices) are collected into a single statement and the customer must pay all of the invoices represented on the statement.
Bill of exchange
General term for a document demanding payment.
Bill of lading
A contract between the exporter and a transportation company in which the latter agrees to transport the goods under specified conditions which limit its liability. It is the exporter's receipt for the goods as well as proof that goods have been or will be received.
Cash management bill
Very short maturity bills that the Treasury occasionally sells because its cash balances are down and it needs money for a few days.
Waybill
A document (that looks like a bill of lading) issued by a carrier that describes the goods to be transported and that details the shipping particulars. Waybills are issued by both air carriers (air waybills) and ship lines (sea waybills). They merely indicate that the stated goods were received by the carrier for transport, they do not convey title.
Materials requirement planning
Computer-based systems that plan backward from the production schedule to make purchases in order to manage inventory levels.
Debt bomb
A default on debt and obligations by a major financial_institution that disrupts the stability of the economic system.
