Glossary

This section provides a list of terms and conventions used in the Deals Module, complete with detailed explanations and definitions.

1. Chartering Manager

   A person responsible for negotiating and concluding the deal, as well as organizing activities within its scope.

2. Commission

   A monetary reward or penalty assigned to an operator, manager, or other responsible party based on the financial result of a deal.

3. Deal

   An agreement with a counterparty that includes a set of operations aimed at achieving a defined financial outcome.

4. Estimate

   A single record representing an expected revenue or expense within a deal. Typically created during the initial setup and planning stage, it describes the type of operation (e.g., vessel hire, port expenses, freight income) and includes a preliminary financial value.

5. Gross P&L (Profit and Loss)

   The total profit or loss of a deal before any commissions or deductions are applied.

6. Net P&L (Profit and Loss)

   The profit or loss of a deal calculated after deducting non-personnel-related commissions and charges.

7. Operator

   A person responsible for maintaining timely and accurate recording of all operations related to the deal.

8. Shareholder

   A party entitled to a share in the financial result of a deal. This typically represents an internal or external stakeholder who receives a portion of the profit or bears a portion of the loss based on predefined distribution rules.