Tooltip Categories: Economics & Finance

loyalty card

A plastic or paper card, visually similar to a credit card or debit card, that identifies the card holder as a member in a loyalty

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lump sum payment

A single payment made at a particular time, as opposed to a number of smaller payments or instalments. (source: http://www.oxforddictionaries.com/definition/english/lump-sum)

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Maastricht treaty

Agreement that established the European Union (EU) as successor to the European Community. It bestowed EU citizenship on every national of its member states, provided

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long-term deposit

Deposits whose term is longer than a year are considered long-term. (Read more: Definition of Long Term Deposits | eHow.com http://www.ehow.com/about_6108561_definition-long-term-deposits.html#ixzz2K1LCWCQ8)

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loss

Unrecoverable and usually unanticipated and non-recurring removal of, or decrease in, an asset or resource. (source: http://www.businessdictionary.com/definition/loss.html#ixzz2XVW1Dh9d)

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loss (insurance)

An occurrence of something that has been insured against, thus giving rise to a claim by a policyholder. (source: http://www.wordreference.com/definition/loss)

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loss leader

A product sold at a low price, at or below its market cost to stimulate other sales of more profitable goods or services. (source: http://en.wikipedia.org/wiki/Loss_leader)

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loss-leader

A product sold at a low price, at or below its market cost to stimulate other sales of more profitable goods or services. (source: http://en.wikipedia.org/wiki/Loss_leader)

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logistics

The detailed organization and implementation of a complex operation as the commercial activity of transporting goods to customers. (source: http://oxforddictionaries.com/es/definicion/ingles/logistics)

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