LAW OF 29
An unwritten law used by some marketers, which explains that on an average, the customer won’t buy a good or service until the commodity has been exposed to a promotional marketing message 29 times. While the number differs, the Law of 29 advocates believe the "in your face" style is the best way to attract customers to buy a product or service. The law is the idea behind drip marketing, a direct marketing approach of sending several marketing messages to potential clients within the certain period.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
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Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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