What Is Winding Up in Business?

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?

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