单词 | re-invoicing center |
释义 | re-invoicing centerDefinition A central department in an international company that receives and processes all invoices between the multi-national branches. The center receives and pays all invoices in the currency of the originating country and then re-invoices the product to the receiving company in the currency of the receiver's home country. The purpose of a re-invoicing center is to protect the corporation from risk exposure caused by fluctuations in currency values. |
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