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  2. Purchasing - Wikipedia

    en.wikipedia.org/wiki/Purchasing

    In accounting, purchases is the amount of goods a company bought throughout this year. It also refers to information as to the kind, quality, quantity, and cost of goods bought that should be maintained. They are added to inventory. Purchases are offset by purchase discounts and Purchase Returns and Allowances.

  3. No purchase, no pay - Wikipedia

    en.wikipedia.org/wiki/No_purchase,_no_pay

    No purchase, no pay. Privateer captain Woodes Rogers who is said to have employed pirates on a "no purchase, no pay" basis. "No purchase, no pay" (or "no prey, no pay") was a phrase used by pirates and privateers, of the 17th century in particular, to describe the conditions under which participants were expected to join expeditions or raids.

  4. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...

  5. FOB (shipping) - Wikipedia

    en.wikipedia.org/wiki/FOB_(shipping)

    FOB ( free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...

  6. Purchase funnel - Wikipedia

    en.wikipedia.org/wiki/Purchase_funnel

    The purchase funnel, or purchasing funnel, is a consumer -focused marketing model that illustrates the theoretical customer journey toward the purchase of a good or service. Awareness – When a prospective customer becomes aware that a seller offers a product, solution, or service that will meet their needs, they are in the awareness stage.

  7. Legal smoking age - Wikipedia

    en.wikipedia.org/wiki/Legal_smoking_age

    Minimum age is 18. Minimum age is 17. Minimum age is 16. No regulation/no age set. The smoking age is the minimum legal age required to purchase or use tobacco or cannabis products. Most countries have laws that forbid sale of tobacco products to persons younger than certain ages, usually the age of majority .

  8. Arbitrage - Wikipedia

    en.wikipedia.org/wiki/Arbitrage

    Arbitrage-free price refers to the price at which no price arbitrage is possible. The idea of using multiple discount rates obtained from zero-coupon bonds and discounting a similar bond's cash flow to find its price is derived from the yield curve, which is a curve of the yields of the same bond with different maturities.

  9. Miscellaneous charges order - Wikipedia

    en.wikipedia.org/wiki/Miscellaneous_charges_order

    A miscellaneous charges order ( MCO ), also known as miscellaneous purpose document ( MPD ), [1] is an accountable IATA document, similar to an old-style airline ticket, used to process the payment of travel arrangements. They are issued by airlines, but normally pay for services other than airfares. An MCO may be used to purchase most services ...