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A status symbol is a visible, external symbol of one's social position, an indicator of economic or social status. [ 1 ] Many luxury goods are often considered status symbols. Status symbol is also a sociological term – as part of social and sociological symbolic interactionism – relating to how individuals and groups interact and interpret ...
Royalty payment. A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and ...
Purple has long been associated with royalty, originally because Tyrian purple dye—made from the secretions of sea snails—was extremely expensive in antiquity. [1] Purple was the color worn by Roman magistrates; it became the imperial color worn by the rulers of the Byzantine Empire and the Holy Roman Empire, and later by Roman Catholic ...
ATM usage fees. ATM usage fees are the fees that many banks and interbank networks charge for the use of their automated teller machines (ATMs). In some cases, these fees are assessed solely for non-members of the bank; in other cases, they apply to all users. There is usually a higher fee for use of White-label ATMs rather than bank owned ATMs ...
Revenue-based financing (also known as royalty financing [1] or royalty-based financing [2]) is a type of financial capital provided to growing businesses in which investors inject capital (sometimes called an advance) into a business in return for a fixed percentage of ongoing gross revenues (called royalties), with payment increases and decreases based on business revenues, typically ...
Byzantium. The color Byzantium is a particular dark tone of purple. It originates in modern times, and, despite its name, it should not be confused with Tyrian purple (hue rendering), the color historically used by Roman and Byzantine emperors. The latter, often also referred to as "Tyrian red", is more reddish in hue, and is in fact often ...
In the 18th century, purple was a color worn by royalty, aristocrats and other wealthy people. Good-quality purple fabric was too expensive for ordinary people. The first cobalt violet, the intensely red-violet cobalt arsenate, was highly toxic. Although it persisted in some paint lines into the 20th century, it was displaced by less toxic ...
A loyalty program typically involves the operator of a particular program setting up an account for a customer of a business associated with the scheme, and then issue to the customer a loyalty card (variously called rewards card, points card, advantage card, club card, or some other name) which may be a plastic or paper card, visually similar to a credit card, that identifies the cardholder ...