Courier and Cargo are modes of sending a parcel from one place to another. Though both are meant for same purpose, there are a number of differences between courier and cargo. One of the main differences between courier and cargo is the time taken to deliver the goods or parcels to the other person living …
Cargo and Freight are two terms related to transporting of goods. The purpose is same, but what is the difference between cargo and freight. Freight is a load on semi trailer. On the other hand cargo is the container that is loaded on to a ship or a plane. It is important to note the …
Fortnightly and Monthly Loan Repayments are the same by all means except for the frequency of the repayment schedule that results in reduced interest payment and thus reduce the loan term. When you borrow money from a bank or any other financial institution for that matter, the most common form of repayment is in equal …
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Freight forwarder and clearing agent have two different functions in the logistic service chain, both are equally important. A freight forwarder helps in the storage of the cargo belonging to the clients at his warehouse. It is quite possible that every freight forwarder has his warehouse. A clearing agent on the other hand takes care …
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Freight Forwarder and NVOCC do almost the similar functions, though some differences exist between them. NVOCC stands for Non-Vessel Operating Common Carrier. One of the main differences between NVOCC and Freight Forwarder is that the NVOCC sometimes can own or operate their own or leased containers. The freight forwarders on the other hand do not …
Broker and Dealer are both job functions associated with securities. They might appear to have same functions but as a matter of fact there are some differences between the two. A broker is a person who does not have a big experience in dealing with securities whereas a dealer is said to have a lot …
Freight Forwarder vs Broker Freight Forwarder and Broker have different duties in transporting the goods from one place another. A freight forwarder assists in the careful storage of the cargo of the clients at his warehouse. A broker on the other hand is not a carrier. In fact a broker would arrange transportation with a …
In Canada, like other countries, there are many saving plans intended for retirement. Retirement Savings Plan (RSP) and Registered Retirement Savings Plan (RRSP) are two of the popular saving accounts that are very popular among the citizens to save for their future as these have obvious tax benefits. The annual contribution to an RSP is …
RSP and GIC are both instruments for saving in Canada. Saving is always good for your future and there are many saving plans. RSP is intended to be of help especially after retirement whereas GIC can be used for requirements of money in the near future and it is not generally meant as a vehicle …
Insolvency and bankruptcy are two dread words for any person or business. These are often baffling for a common man as he fails to differentiate between the two. The two terms are often used interchangeably but there are differences between the two. A business is said to be insolvent when the net assets are less …