Package

Parcel
A 'Parcel' can refer to a piece of property under one ownership, a package sent through a common carrier, or the act of distributing items.
Piece
A 'Piece' refers to an individual unit of a product that is part of a batch, typically used in shipping and logistics to describe the smallest standard unit being handled.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.