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Building 19
BUILDING #19 was a chain of discount stores in New England
New England
that operated from 1964 until they declared bankruptcy in 2013. At the time of their bankruptcy they closed all 13 stores. The same family that owned the chain later reopened two of the former locations as a part of a new business, THE RUG DEPARTMENT, that was limited to rugs and related merchandise. The closeout stores had been known throughout New England
New England
for selling an eclectic assortment of items at drastically discounted prices, as well as self-effacing advertising that made fun of the founder, Jerry Ellis. Many of the items were factory irregulars, discontinued models, post-expiration-date , damaged, or less than perfect in some other way, but some new merchandise was offered as well
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Number Sign
؋ ​₳ ​ ฿ ​₿ ​ ₵ ​¢ ​₡ ​₢ ​ $ ​₫ ​₯ ​֏ ​ ₠ ​€ ​ ƒ ​₣ ​ ₲ ​ ₴ ​ ₭ ​ ₺ ​₾ ​ ₼ ​ℳ ​₥ ​ ₦ ​ ₧ ​₱ ​₰ ​£ ​ 元 圆 圓 ​﷼ ​៛ ​₽ ​₹ ₨ ​ ₪ ​ ৳ ​₸ ​₮ ​ ₩ ​ ¥ 円 UNCOMMON TYPOGRAPHY asterism ⁂ hedera ❧ index, fist ☞ interrobang ‽ irony punctuation ⸮ lozenge ◊ tie ⁀ RELATED* * Diacritics * Logic symbols * Whitespace characters IN OTHER SCRIPTS * Chinese * Hebrew * Japanese * Korean * Category
Category
* Portal
Portal
* Book
Book
* v * t * e The symbol # is most commonly known as the NUMBER SIGN, HASH, or POUND SIGN
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Burlington, Massachusetts
BURLINGTON is a town in Middlesex County, Massachusetts
Massachusetts
, United States. The population was 24,498 at the 2010 census. CONTENTS * 1 History * 2 Geography * 3 Demographics * 3.1 Foreign-born population * 4 Arts and culture * 4.1 Points of interest * 5 Government * 5.1 Burlington Police Department * 5.2 Burlington Fire Department * 6 Education * 7 Infrastructure * 7.1 Transportation * 7.2 Commerce * 7.3 Important commercial sites and businesses * 7.4 Shops and attractions * 7.5 Under development or proposed * 8 Notable people * 9 Notes and references * 9.1 Bibliography * 10 External links HISTORY Helene Kent House It is believed that Burlington takes its name from the English town of Bridlington
Bridlington
, Yorkshire but this has never been confirmed
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Hingham, Massachusetts
HINGHAM is a town in metropolitan Greater Boston on the South Shore of the U.S. state of Massachusetts
Massachusetts
in northern Plymouth County . At the 2010 census , the population was 22,157. Hingham is known for its colonial history and location on Boston Harbor . The town was named after Hingham, Norfolk
Hingham, Norfolk
, England
England
, and was first settled by English colonists in 1633. CONTENTS * 1 History * 2 Geography * 3 Demographics * 4 Economy * 4.1 Top employers * 5 Government * 6 Infrastructure * 6.1 Education * 6.2 Transportation * 7 Notable people * 8 References * 9 External links HISTORYThe town of Hingham was dubbed "Bare Cove" by the first colonizing English in 1633, but two years later was incorporated as a town under the name "Hingham"
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United States
Coordinates : 40°N 100°W / 40°N 100°W / 40; -100 United States
United States
of America _ Flag Great Seal MOTTO: " In God We Trust " Other traditional mottos _ * " E pluribus unum " (
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New England
NEW ENGLAND is a geographical region comprising six states of the northeastern United States
United States
: Maine
Maine
, Vermont
Vermont
, New Hampshire
New Hampshire
, Massachusetts
Massachusetts
, Rhode Island
Rhode Island
, and Connecticut
Connecticut
. It is bordered by the state of New York to the west and south, and by the Canadian provinces of New Brunswick
New Brunswick
and Quebec
Quebec
to the northeast and north, respectively
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Discount Store
A DISCOUNT STORE is a retail store which sells products at prices that are lower than the typical market value. A "full-line discount store" or "mass merchandiser" may offer a wide assortment of goods with a focus on price rather than service, display, or wide choice - such as Aldi
Aldi
and Lidl ; a "speciality", "single line", or "category killer " discount store may specialize in specific merchandise such as jewelry, electronic equipment, or electrical appliances, relying on bulk purchase and efficient distribution to keep down cost - such as Toys "R" Us and Staples . Discount stores are not variety stores , which sell goods at a single price-point or multiples thereof (£1, $2, etc.). Discount stores differ from variety stores in that they sell many name-brand products, and because of the wide price range of the items offered. Following World War II
World War II
, a number of retail establishments in the U.S
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Bankruptcy
BANKRUPTCY is a legal status of a person or other entity that cannot repay the debts it owes to creditors . In most jurisdictions, bankruptcy is imposed by a court order , often initiated by the debtor . Bankruptcy
Bankruptcy
is not the only legal status that an insolvent person may have, and the term _bankruptcy_ is therefore not a synonym for insolvency . In some countries, such as the United Kingdom
United Kingdom
, bankruptcy is limited to individuals, and other forms of insolvency proceedings (such as liquidation and administration ) are applied to companies. In the United States
United States
, _bankruptcy_ is applied more broadly to formal insolvency proceedings. In France, the cognate French word _banqueroute_ is used solely for cases of fraudulent bankruptcy, whereas the term _faillite_ (cognate of "failure") is used for bankruptcy in accordance with the law
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Closeout Store
A CLOSEOUT sale is the final sale of an item either by a retailer or sell off of a retailer inventory to a 3rd party company. It may be a given model of item that is not selling well, or in the case of the final closure of a retailer because of a relocation, a fire (fire sale ), extra inventory, or especially because of a bankruptcy . In the latter case, it is usually known as a going-out-of-business sale, and is part of a liquidation . A "hail sale" is a closeout at a car dealership after hail damage. Often, when the store is shutting down, they let people know that this is their last chance to buy the merchandise. However, often it's companies that can't sell their inventory, inventors that had a bad idea or businesses that are looking for fast cash flow to pay their bills such as payroll, etc. A CLOSEOUT STORE is a retailer specializing in buying closeout items wholesale from other retailers and selling them at a discount
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Shelf Life
SHELF LIFE is the length of time that a commodity may be stored without becoming unfit for use, consumption, or sale. In other words, it might refer to whether a commodity should no longer be on a pantry shelf (unfit for use), or just no longer on a supermarket shelf (unfit for sale, but not yet unfit for use). It applies to cosmetics , foods and beverages , medical devices , medicines , explosives , pharmaceutical drugs , chemicals , tires , batteries and many other perishable items. In some regions, an advisory _best before_, mandatory _use by_ or _freshness date_ is required on packaged perishable foods. The concept of expiration date is related but legally distinct in some jurisdictions
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Cash Flow
A CASH FLOW describes a real or virtual movement of money : * a cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe payments that are expected to happen in the future, are thus uncertain and therefore need to be forecasted with cash flows; * a cash flow is determined by its time _t_, nominal amount _N_, currency _CCY_ and account _A_; symbolically _CF_ = _CF_(_t,N,CCY,A_). * it is however popular to use _cash flow_ in a less specified sense describing (symbolic) payments into or out of a business, project, or financial product. Cash flows are narrowly interconnected with the concepts of VALUE, _interest rate_ and LIQUIDITY. A cash flow that shall happen on a future day _t_N can be transformed into a cash flow of the same value in _t_0
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Fire Sale
A FIRE SALE is the sale of goods at extremely discounted prices, typically when the seller faces bankruptcy . The term originated in reference to the sale of goods at a heavy discount due to fire damage . A fire sale may or may not be a closeout , the final sale of goods to zero inventory . Fire sales are said to occur in the financial markets when bidders who value assets highly are prevented from bidding on them, depressing the average selling price below what it otherwise would be. This lowering of the price can cause even further issues because it may be inaccurately perceived as signaling negative information. CONTENTS * 1 Sports usage * 2 History * 3 See also * 4 References SPORTS USAGEIn American professional sports , a FIRE SALE occurs when a team trades many of its veteran players, especially expensive star players, to other teams for less expensive and usually younger players. Teams usually have a fire sale for financial reasons
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Overstock
OVERSTOCK, EXCESSIVE STOCK, B-STOCK, or EXCESS INVENTORY, is the result of poor management of stock demand or of material flow in process management . Excessive stock is also associated with loss of revenue owing to additional capital bound with the purchase or simply storage space taken. Excessive stock can result from over delivery from a supplier or from poor ordering and management of stock by a buyer for the stock OVERSTOCK also known as SEASONAL OVERSTOCK, consists of first quality overstock that must be sold
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Asset Forfeiture
ASSET FORFEITURE or ASSET SEIZURE is a form of confiscation of assets by the state . It typically applies to the alleged proceeds or instruments of crime. This applies, but is not limited, to terrorist activities, drug related crimes, and other criminal and even civil offenses. Some jurisdictions specifically use the term "confiscation" instead of forfeiture . The alleged purpose of asset forfeiture is to disrupt criminal activity by confiscating assets that potentially could have been beneficial to the individual or organization
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Liquidation
In United Kingdom and United States law and business, LIQUIDATION is the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are redistributed. Liquidation is also sometimes referred to as WINDING-UP or DISSOLUTION , although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs , an authority or agency in a country responsible for collecting and safeguarding customs duties , determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a _creditors' liquidation_) or voluntary (sometimes referred to as a _shareholders' liquidation_, although some voluntary liquidations are controlled by the creditors, see below)
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Bethlehem Hingham Shipyard
The BETHLEHEM HINGHAM SHIPYARD of Hingham, Massachusetts , was a shipyard in the United States from 1941 until 1945. Located on Weymouth Back River
Weymouth Back River
, it was owned by the Bethlehem Shipbuilding Company and operated by the nearby Fore River Shipyard . During the three and a half years that the yard was operational, it produced 277 ships, including a destroyer escort delivered in 23 days. HISTORYShortly before the entry of the United States into World War II
World War II
, the United States Navy began designs on destroyer escorts and commissioned Bethlehem Steel
Bethlehem Steel
to be the major contractor. Because Bethlehem's shipyards were operating at full capacity, there was need to build a new shipyard. A location for a shipyard was chosen in Hingham, Massachusetts , at the site of the former Bayside Airport
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