Home > Terms > English, UK (UE) > Honour system

Honour system

A practise of receiving merchandise without systematically counting the product or checking the contents of cases, but rather trusting that the vendor and shipper have complied with the order. Spot counts are normally conducted in association with an honour system.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Retail
  • Category: Supermarkets
  • Company: FMI
  • Product:
  • Acronym-Abbreviation:
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