Tag: products

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 What is 'Wear And Tear Exclusion ' A provision of an insurance contract that states that the...

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...

DefinitionGeneric brands of consumer products are distinguished by the absence of a brand name. It is often inaccurate to describe these products as "lacking...

What is Garage Liability Insurance and why do you need it Garage liability insurance is a type of insurance specifically for businesses that offer automotive...

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...

DefinitionTakaful is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia compliant alternative to conventional insurance,...

DefinitionIn economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the...

DefinitionDeal flow is a term used by finance professionals such as venture capitalists, angel investors, private equity investors and investment bankers to refer to...

What is 'Dealing Desk' In foreign currency markets, the location of a financial institution's forex dealers. Since the forex market is open...