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Glossary
ARC maintains a glossary of Travel-related abbreviations, acronyms and definitions used in ARC Interactive Agent Reporting (IAR), elsewhere on this Web site and generally in the Travel industry.

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S
Sales Report   Weekly sales report prepared and submitted by the agent to be sent to ARC.
Sales Summary   Weekly summary of sales processed by ARC and sent to the agent.
Settlement   Obtaining funds from one party and disbursing to the other.




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