Home › portion-basis › Payable substance

Payable substance

This resource: Turtle JSON-LD click to view, right-click to download

The quantity of a substance a buyer pays for under a contract, after contractual deductions.

notation	`payable`
scopeNote	A commercial basis, not a physical one. Deductions vary by contract, so two payable figures are not comparable even for the same material, and a payable figure must not be used for conservation accounting or for reconciliation against production statistics.