Malva

What Is Winding Up in Business?



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The term “winding up” in business refers to the process of bringing a company to an end. This can be done voluntarily by the shareholders or the directors of the company, or it can be done through the courts. Once a company has been wound up, its assets are sold off and the proceeds are … Read more

What is a Terminal at the Point of Sale?



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The definition of point of sale terminal (POS) is the device or set of them that are used to manage sales tasks to the public in a commercial premises. The point of sale terminals are made up of software (computer program) and hardware (physical part), facilitating the printing of tickets, checkout control, inventory management and … Read more