Define: Invoice Value
Invoice Value means the sums billed, less discounts, advances, taxes, transportation, insurance, and additional expenses
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Invoice Value means the sums billed, less discounts, advances, taxes, transportation, insurance, and additional expenses.
Relevant Circumstances
- Goods or services are being bought or sold
- Transportation or insurance costs are factored into the transaction
- A trade or business transaction involving multiple parties
- A transaction requiring itemized billing or invoices