Examples of use of approximate value
1. The family is out $10 million, the approximate value of the factory and the home.
2. The approximate value of the confiscated products was more than Dh200,000.
3. Meanwhile, a statement from GNH yesterday, said that the company and ST Shipping and Trading, Switzerland–based Glencore’s shipping arm, one of the largest oil trading houses in the world, have signed a time charter agreement for three ships at an approximate value of $40 million (AED145 million). Under the terms of the agreement, GNH will time–charter two ships to ST Shipping and Trading for up to two years under long–term fixed rate employment, and a third at a floating market rate with a fixed minimum charter rate.