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Discounting. In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2]
A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the years and may ...
An MCC is used to classify a business by the types of goods or services it provides. Assignment of MCCs [ edit ] MCCs are assigned either by merchant type (e.g., one for hotels, one for office supply stores, etc.) or by merchant name (e.g., 3000 for United Airlines [1] ) and is assigned to a merchant by a credit card company when the business ...
A discount rate applied times over equal subintervals of a year is found from the annual effective rate d as. where is called the annual nominal rate of discount convertible thly. is the force of interest . The rate is always bigger than d because the rate of discount convertible thly is applied in each subinterval to a smaller (already ...
Print on demand (POD) is a printing technology and business process in which book copies (or other documents, packaging, or materials) are not printed until the company receives an order, allowing prints in single or small quantities.
vCard. vCard, also known as VCF (Virtual Contact File), is a file format standard for electronic business cards. vCards can be attached to e-mail messages, sent via Multimedia Messaging Service (MMS), on the World Wide Web, instant messaging, NFC or through QR code.
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