Tooltip Categories: Economics & Finance

customer loyalty

Customers exhibit customer loyalty when they consistently purchase a certain product or brand over an extended period of time. (source: http://lexicon.ft.com/Term?term=customer-loyalty)

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customer portfolio

Group of customers that a business serves. In the most situations, a large part of this group is made up of repeat customers with a

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customer service

The provision of service to customers before, during and after a purchase. (source: http://en.wikipedia.org/wiki/Customer_service)

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customs

The official department responsible for monitoring imported goods, border control capacities, and collecting duties.

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customs duty

A governmenrt tax on imports and exports. (source: http://www.thefreedictionary.com/customs+duty)

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damage

Injury or harm impairing the function or condition of a person or thing. (source: http://www.wordreference.com/definition/damage)

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damages

Compensation in money imposed by law for loss or injury. (source: http://www.merriam-webster.com/dictionary/damage)

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current account

Form of transactional account that offers various flexible payment methods to allow customers to distribute money directly to others. Most current accounts come with a

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current asset

An asset listed on the balance sheet with less than a 12-month life, or that is readily convertible into cash to be used to satisfy

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customer

Recipient of goods or services in return for monetary or other valuable considerations (source: http://en.wikipedia.org/wiki/Customer)

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