PREMIUM OFFER
A technique in which two or more products are sold in one piece, as a bundle. Generally, a premium offer is used to increase sales of a product.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A technique in which two or more products are sold in one piece, as a bundle. Generally, a premium offer is used to increase sales of a product.
More dividends are paid out to shareholders as their value of stock increases.
The excess amount paid on the shares that are outstanding of the common stock, held by a company.
The excess amount paid on the shares that are outstanding of the preferred stock, held by a company.
A technique in which brands try to sell their products at a higher price compared to the general market, in order to create a brand image.
The total cost of a certain insurance.
A receipt given out to a policy holder, by the insurer or an agent on behalf of the insurer, which provides confirmation that payment has been received.
A clause included in certain policies, which grants the beneficiary a refund on the face amount of their policy, including all of the premiums that they have paid so far.
The evaluation of the value of a firm, before it is sold. Valuation is done by issuing new shares, and then multiplying the price to earnings ratio by the periodic earnings of
A legally binding agreement between a couple, stating how the assets would be divided if the marriage fails to last.
Costs that are charged before a firm actually opens for business, usually in the setting up and promotional activities.
Costs that are incurred before income has been reported on the balance sheet.
The interest rate discounting the effect of compounding, expressed on a per annum basis that applies to a mortgage, credit card or similar loans. It is also known as effective loan rate.
The gross income of the population within a country expressed in the national currency. It does not factor in the reduction in purchasing power due to inflation or outstanding debt
A person who neither has ownership rights or active involvement in the firm’s affairs, but has a strong interest in the success of the partnership firm. Often a well known, well connected
An entity whose involvement as a defendant in a case has no bearing on the outcome. The entity is usually called upon due to court procedures mandating its presence in the case.
The price of an item which is estimated, and has no correlation to the market price. The sole purpose of the nominal price is to initiate a trade. It is used when
An indicator stating the Buying or selling prices that is used for valuation purposes, rather than as a bid or offer.
A price quote on the value of a futures contract that has not been bid on for a long duration. Also referred to as nominal price, nominal quotation or subject quote
1. Rate that does not factor in the effects of inflation 2. Rate that is charged on the gross value rather than on the net value