MASS MARKET RETAILER
A firm that sells reasonably priced products that is appealing to various consumers. Mass market retailers are not known for selling durable and high-quality merchandise, or having customer service beyond compare. But these retailers meet customers’ needs and wants at affordable prices. Some examples of mass market retailers include big box stores Best Buy, Sam's Club, and Target, as well as clothing brands Gap and Levi Strauss, and online retailers like Amazon. Supermarket, drugstore, mass merchandise, and warehouse chains are also considered mass market retailers.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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16:00 | Consumer Confidence | Apr | |
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