ABATEMENT COST
It is the cost incurred by a company or a business because of the reduction and/or removal of a certain undesirable items from the list of their products or services that they created. These abandonment costs are usually incurred whenever corporations have a requirement to reduce negative byproducts or possible nuisances created during their production.
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Multi-Level Marketing
A strategy used by certain direct sales companies in order to encourage their existing distributors to bring in new distributors by giving the exis ...
Reintermediation
Individuals withdrawing funds from non bank investments such as real estate and depositing into bank and depository financial-institution accounts. ...
Bellwether Stock
A stock that is perceived to be a popular sign of the direction of industry, sector or market as a whole. These stocks are usually used to know the ...
Voluntary Reserve
Voluntary Reserve is a monetary reserve voluntarily held by insurance companies.
Thomas C. Schelling
American economist and professor who received the 2005 Nobel Memorial Prize in Economics, along with American mathematician Robert J. Aumann. He di ...
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