FREQUENCY MARKETING
Rewarding customers to repeat buy frequently. Usually a promotional program aimed at encouraging these types of sales.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Rewarding customers to repeat buy frequently. Usually a promotional program aimed at encouraging these types of sales.
Atypical, additional compensation above direct wages or salaries. Usually taxable as income. Company car, house allowance, special medical insurance, pension plans, meal allowance are some examples. Human resource management hiring incentives.
Life insurance policy with most expense charges initially subtracted from premiums paid.
Additional fee for travel used to cover increase in fuel cost for the type of transportation used. Collect on a by-ticket basis.
Condition of all eligible people having work at prevailing wage rates. It is not 100 percent employment as down-time, frictional unemployment and seasonal factors exist. A state of economy.
Entity that provides a trained customer-oriented, informative sales force along with a wide range of wanted goods at highly competive retail prices.
Shares with full par value paid and received by the issuing firm. Holders are free from calls.
On the basis of type of work performed, arranging of an organization into managed departments or units.
Available monies. Or, money-raising charitable accounts. For a company, it is the cash in hand, bank balances, accounts receivable. Also refer to fund.
Similar to future value, payments and accrued interest factor in this calculation method.
A party that gives services like transporting or warehousing. It doesn’t hadle paperwork.
A hybrid of FACULTATIVE REINSURANCE and TREATY REINSURANCE where the CEDING INSURER can choose to assign certain RISKS to the REINSURER, who is then required to accept them.
An assumption true for one segment and the whole economy.
A trust that lets a parent transfer asstes to children to prevent a spouse from getting it.
The trading floor with heavy volume investments used to match risky ones.
A party who works for another party to get a standby to favor another party. Refer to third party letter of credit.
Debt of a company to another company the government guarantees.
An iron alloy with other elements and properties. It is added to make it more corrosive resistant, stronger, and heat resistant.
Lessons that a party brings to a situation.
State laws that let insurers to have new rates without approval.