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Line of business. Line of business ( LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies.
In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [2] Hanjin Shipping was also one of the biggest but it is now defunct. [ 3 ]
Shipping line. Container ships are used by shipping lines to transport cargo. A shipping line or shipping company is a company whose line of business is ownership and operation of ships . Shipping companies provide a method of distinguishing ships by different kinds of cargo: Bulk cargo is a type of special cargo that is delivered and handled ...
A business loan provides one-time funding to help start or grow a business. Lines of credit cover short-term financing needs and let businesses borrow funds repeatedly. Banks, online lenders and ...
Staff and line. Staff and line are names given to different types of functions in organizations. A line function is one that directly advances an organization in its core work. [ 1] This always includes production and sales, and sometimes marketing. [ 2] A staff function supports the organization with specialized advisory and support functions ...
A business line of credit is a flexible and powerful tool for business owners who need a renewable source of borrowed short-term funding. Though not ideal for all types of expenses, a business ...
First, multiply the loan amount by the factor rate to get the overall loan amount. Example: $100,000 x 1.4 = $140,000. Step 2: Find the total interest costs. The total interest cost will be the ...
Line Corporation (Line 株式会社, Rain Kabushiki gaisha) was a Japanese Internet company. It was a subsidiary of Z Holdings , a joint venture between SoftBank Group and Naver Corporation . It was established in 2000 as the Japanese subsidiary of South Korean NHN Corporation 's online game community site Hangame , under the name Hangame Japan ...