Search results
Results from the WOW.Com Content Network
A fare is the fee paid by a passenger for use of a public transport system: rail, bus, taxi, etc. In the case of air transport, the term airfare is often used. Fare structure is the system set up to determine how much is to be paid by various passengers using a transit vehicle at any given time. A linked trip is a trip from the origin to the ...
A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the years and may ...
In accounting, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. The derivation takes into account such objective factors as the costs associated with production or replacement, market conditions and matters of supply and demand.
Laissez-faire (/ ˌ l ɛ s eɪ ˈ f ɛər / LESS-ay-FAIR, from French: laissez faire [lɛse fɛːʁ] ⓘ, lit. ' let do ') is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations).
A state fair is an annual competitive and recreational gathering of a U.S. state's population, usually held in late summer or early fall. It is a larger version of a county fair , often including only exhibits or competitors that have won in their categories at the more-local county fairs.
A fare basis code (often just referred to as a fare basis) can be 1-8 alphanumeric characters and is used to determine the price and restrictions on a ticket. Fare basis codes start with a letter called a fare code which almost always matches the booking class in which the reservation is booked. Example: Fare basis code WH7LNR tells us the ...
Market value or OMV (open market valuation) is the price at which an asset would trade in a competitive auction setting.Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and differ in some circumstances.
A free and fair election is defined as an election in which "coercion is comparatively uncommon". This definition was popularized by political scientist Robert Dahl.A free and fair election involves political freedoms and fair processes leading up to the vote, a fair count of eligible voters who cast a ballot, a lack of electoral fraud or voter suppression, and acceptance of election results ...