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  2. Credit control - Wikipedia

    en.wikipedia.org/wiki/Credit_Control

    In a large business a credit process will be run by a senior manager and will include processes as such as Know Your Customer (KYC), account opening, approval of credit and credit limits (both in terms of the amounts and the terms e.g. 30 Days, 30 Days net), extension of credit and effecting collection action.

  3. Limit price - Wikipedia

    en.wikipedia.org/wiki/Limit_price

    A limit price (or limit pricing) is a price, or pricing strategy, where products are sold by a supplier at a price low enough to make it unprofitable for other players to enter the market. It is used by monopolists to discourage entry into a market , and is illegal in many countries. [ 1 ]

  4. Increased limit factor - Wikipedia

    en.wikipedia.org/wiki/Increased_limit_factor

    The basic limit is a lower limit of liability under which there is a more credible amount of data. [2] For example, basic limit loss costs or rates may be calculated for many territories and classes of business. At a relatively low limit of liability, such as $100,000, there may be a high volume of data that can be used to derive those rates.

  5. Mark-to-market accounting - Wikipedia

    en.wikipedia.org/wiki/Mark-to-market_accounting

    In contrast, if the market price of his contract has decreased, the exchange charges his account that holds the deposited margin. If the balance of this account becomes less than the deposit required to maintain the account, the trader must immediately pay additional margin into the account in order to maintain the account (a "margin call").

  6. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    A limit price is the price set by a monopolist to discourage economic entry into a market. The limit price is the price that the entrant would face upon entering as long as the incumbent firm did not decrease output. The limit price is often lower than the average cost of production or just low enough to make entering not profitable.

  7. Cost accounting - Wikipedia

    en.wikipedia.org/wiki/Cost_accounting

    Any price above $300 would make a contribution to the fixed costs of the company. If the fixed costs were, say, $1000 per month for rent, insurance and owner's salary, the company could therefore sell 5 coaches per month for a total of $3000 (priced at $600 each), or 10 coaches for a total of $4500 (priced at $450 each), and make a profit of ...

  8. How to prepare your estimated taxes as a new freelancer - AOL

    www.aol.com/finance/prepare-estimated-taxes...

    The yields on these accounts — 3.70 percent APY at Ally and 3.90 percent APY at Marcus by Goldman Sachs, as of the week of Feb. 24 — may not seem like much, but the possibility of interest ...

  9. Strategic entry deterrence - Wikipedia

    en.wikipedia.org/wiki/Strategic_entry_deterrence

    Strategic excess capacity may be established to either reduce the viability of entry for potential firms. [5] Excess capacity take place when an incumbent firm threatens to entrants of the possibility to increase their production output and establish an excess of supply, and then reduce the price to a level where the competing cannot contend.