Tag: product
Value-Added Tax (VAT)
What is a 'Value-Added Tax - VAT' A value-added tax (VAT) is a type of consumption tax that is placed on a...
Warehousing
DefinitionA warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are...
Wear And Tear Exclusion
Wear And Tear Exclusion What is 'Wear And Tear Exclusion ' A provision of an insurance contract that states that the...
Wallflower
What is 'Wallflower' A stock that has fallen out of favor and does not get much attention from the investment community. A...
Warranty
What is a warranty and what does it cover
A warranty is a guarantee or promise made by a seller about the quality of their...
Geographical Pricing
Definition
Geographical pricing, in marketing, is the practice of modifying a basic list price based on the geographical location of the buyer. It is intended...
Genuine Progress Indicator (GPI)
What is the Genuine Progress Indicator (GPI)?
The Genuine Progress Indicator (GPI) is a metric that was developed in the 1990s as an alternative to...
Generic Brand
DefinitionGeneric brands of consumer products are distinguished by the absence of a brand name. It is often inaccurate to describe these products as "lacking...
Geometric Mean
DefinitionIn mathematics, the geometric mean is a mean or average, which indicates the central tendency or typical value of a set of numbers by...
Impairment
What is 'Impairment' Impairment is an accounting principle that describes a permanent reduction in the value of a company's asset, normally a...