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  2. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  3. Prepayment for service - Wikipedia

    en.wikipedia.org/wiki/Prepayment_for_service

    Prepaid refers to goods and services paid for in advance. Examples include postage stamps, attorneys, tolls, public transit cards like the Greater London Oyster card, pay as you go cell phones, and stored-value cards such as gift cards and preloaded credit cards. Prepaid services and goods are sometimes targeted to marginal customers by retailers.

  4. List of business terms - Wikipedia

    en.wikipedia.org/wiki/List_of_business_terms

    The following terms are in everyday use in financial regions, such as commercial business and the management of large organisations such as corporations. Noun phrases

  5. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).

  6. Prepayment - Wikipedia

    en.wikipedia.org/wiki/Prepayment

    Prepaid mobile phone, mobile phone use; Prepayment for service, e.g. phone calls, electricity; Prepayment of loan, repaying a loan ahead of schedule; Deferred expense in accounting; Other disambiguation pages: Prepaid card; Prepayment meter

  7. Payment card - Wikipedia

    en.wikipedia.org/wiki/Payment_card

    A fleet card is used as a payment card, most commonly for gasoline, diesel and other fuels at gas stations. Fleet cards can also be used to pay for vehicle maintenance and expenses, at the discretion of the fleet owner or manager. The use of a fleet card reduces the need to carry cash, thus increasing the security for fleet drivers.

  8. Stored-value card - Wikipedia

    en.wikipedia.org/wiki/Stored-value_card

    Stored-value cards are prepaid money cards and may be disposed when the value is used, or the card value may be topped up, as in the case of telephone calling cards or when used as a fare card. The term closed-loop means the funds and/or data are physically stored on the token or card in the form of binary-coded data.

  9. Prompt payment - Wikipedia

    en.wikipedia.org/wiki/Prompt_payment

    Prompt payment is a commercial discipline which requires businesses to: agree fair and reasonable payment terms with their suppliers; ensure suppliers' invoices are approved and paid within agreed terms; encourage adoption of the same practices throughout their supply chain.