AAAA SPOT CONTRACT
The devised standardized contract of American Association of Advertising Agencies that administers the purchase of radio or television spots. Generally, the AAA Spot Contract is in between the television or radio station and the representative of the advertising agency. The contract points out all of the relevant details of the purchase such as the number of spots and duration of the campaign, the exact time and date of airing the spots, and its cost to the advertiser.
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International Institute for Management Development - IMD
A business school situated in Lausanne, Switzerland. IMD was established in 1990 after the merger of two management education centers that were ini ...
Contingency
Possible negative economic event or circumstance that may emerge in the future.
In finance, determining and planning any conting ...
Versioning
Versioning refers to a business practice wherein a company manufactures different models of the same product and then charges varying prices for ev ...
Registered Pension Plan - RPP
This is form of a trust which provides pension benefits for a company’s employee upon retirement. Registered Pension Plans are registered wit ...
Net Premium
Projected current value of a policy’s benefit minus the expected prevailing value of future premiums. This computation does not consider futu ...
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