Tag: product

What is CDO (Collateralized Debt Obligation)? Collateralized Debt Obligation or CDO is a financial product that brings together assets that can generate cash flow...

What is 'Cancellation' A cancellation is a notice made by a broker, to his client, informing him an erroneous trade was made and is being...

What is imperfect competition and why does it exist Imperfect competition is a type of market structure where there are not enough buyers or sellers...

What is a 'Patent' A patent is a government license that gives the holder exclusive rights to a process, design or new...

What is a 'Quantity Discount' A quantity discount is an incentive offered to a buyer that results in a decreased cost per...

Quality control charts are an important tool for ensuring the quality of your products or services. By creating and using a quality control chart,...

DefinitionQuality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality...

What is 'Vandalism Endorsement' An optional type of coverage that can be added to a basic hazard or property and casualty insurance...

What is 'Variable Universal Life Insurance - VUL' Variable universal life insurance (VUL) is a form of cash-value life insurance that offers...

What is a 'Value Chain' A value chain is a high-level model developed by Michael Porter used to describe the process by...