knocked down

knocked down definition - business

knocked down

Describing a product that is delivered in an unassembled or partially unassembled state. For example, large machinery may be imported in an unassembled state in order to reduce the cost of shipping.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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