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PaperBackSwap (PBS) is a book swapping website which was founded in 2004. The purpose of PaperBackSwap is to use the Internet to facilitate the parity trading of books among members in the United States using a credit based system for swapping.
Book swapping or book exchange is the practice of a swap of books between one person and another. Practiced among book groups, friends and colleagues at work, it provides an inexpensive way for people to exchange books, find out about new books and obtain a new book to read without having to pay.
For physical products (e.g., paperback books or clothes), the e-tailer ships the products to the customer; for digital products, such as digital audio files of songs or software, the e-tailer usually sends the file to the customer over the Internet. The largest of these online retailing corporations are Alibaba, Amazon.com, and eBay. [1]
They were adopted by the bookselling community and are still in use today. [1] [2] [3] As new means that the book is in the state that it should have been in when it left the publisher. This is the equivalent of mint condition in numismatics. Fine (F or FN) is "as new" but allowing for the normal effects of time on an unused book that has been ...
The pact covered home video and pay-television distribution as well. [50] Furry Vengeance was the first picture produced under the agreement. [84] In April, the company hired screenwriter Miles Chapman to pen an untitled environmentally themed action-adventure script about the hunt for a mystical gem in the heart of Africa. [85]
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The company operates similarly to online marketplaces such as eBay and StubHub. The site takes a commission fee from both the buyer and seller. [3] It originally required sellers to carry out transactions with physical tickets in person at a terminal located inside a sports bar in Las Vegas. This later changed to allow electronic transactions. [4]
In finance, the term asset swap has a particular meaning. [1] When one refers to an asset swap, one has in mind the exchange of the flow of payments from a given security (the asset) for a different set of cash flows. An example of this is where an institution swaps the cash flows on a U.S. Government Bond for LIBOR minus a spread (say 20 basis ...