Category: P

A promotional method that works by pre-stocking ordering channels to provide an incentive by flooding the market with a product. The more a product is seen the more likely it is to

Charges for Air or Ocean Freight that is paid for by the exporter at the port of origin, for which the importer has already made the payment. The failure for a shipment

Before the commencement of the bidding process, this stage is undertaken to ensure that the bidder has sufficient resources to take part in the bid.

The reduction or elimination of contaminants, or altering the nature of the wastewater before it is discharged.

The interest rate that a bank’s top customers are charged. This rate is a standard that is used to compute the interest rate for the financial institution’s other borrowers.

As opposed to the 500 sheets contained in a normal ream, the printer ream has 516 sheets, taking into account the waste incurred during printing and paper handling.

A firm that owns its own transportation vehicles that is primarily used to transport its own products.

The ownership of tangible and intangible goods by an individual who has exclusive rights over it. The transfer of a private property can take place only by the owner’s consent or through

Facts and evidences that lead many to believe that the accused actually committed the crime. A probable cause is not a fail proof evidence as it only provides enough grounds to deem

A technique for analyzing potential sources of problems and ensure that they have been rectified.

Insurance covering the cost engaged in recalling defective or possibly defectife products that an insured person makes.

1. A set of actions clearly defining the key allocation of resources, the main objective, the main workers involved and their respective work load. 2. Computing: Set of specific technical instructions aimed

Someone who sketches out the functioning, along with organisation of relevant resources required to accomplish a project.

This is a discount that is used in times of slow business that will hopefully increase business over this period. It can be a discount on the full price or include other

The part of a property or company that is owned by an individual. The proportion owned is a ratio of the whole. For example an employee may have a number of shares

This is money that has been drawn by the owner of the meet to meet personal needs at the time. It is not for business purposes and will be taxed at an

This is security option that gurantees the owner will receive a certain minimum amount of proceeds derived from sales above the exercise price. This is purchased when the owner has shares in

A document that lists all matters that are up for voting at the organisational meeting. Accompanies a proxy solicitation.

This is an insurance cover that protects against an employees dishonesty during work practices. It is usually used to for money and securities that have been stolen by the employee from the

A law that was put into the Congressional Act in 1954. If insurance has been regulated properly at a state level it is not subjected to any anti-trust laws at a federal