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Raw material
The financial definition for Raw material:
Materials a manufacturer converts into a finished product.
Similar MatchesMaterial Adverse Change or EffectMaterial Adverse Change or Effect Many mergers and acquisitions contracts include a material adverse change clause that allows a company to renegotiate or walk away from a deal if the other company or its subsidiaries announces a significant event that may negatively affect its stock price or operations. See also materiality.
Materials requirement planningMaterials requirement planning Computer-based systems that plan backward from the production schedule to make purchases in order to manage inventory levels.
Raw material supply agreementRaw material supply agreement As used in connection with project financing, an agreement to furnish a specified amount per period of a specified raw material.
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