Appointment: n. an agreement to meet and/or be at a certain time and place

Nothing is more disappointing or bad business etiquette than to be late for an appointment. Time, energy, and money are frequently wasted by humans not showing up for appointments on time or at all.

Punctuality is a virtue in business and it should be practiced among good friends and relationships as much as possible because no one likes their time and energy being wasted.

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