in Finance
Credit Score
A credit score is a number between 300–850 that depicts a consumer’s creditworthiness. The higher the score, the better a borrower looks to potential lenders.
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in Finance
Coinsurance
Coinsurance is the claim amount an insured must pay after meeting deductibles and is also the level to which an owner must protect property.
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in Business
Churn Rate
The churn rate is the percentage of subscribers who discontinue service subscriptions within a given time. Learn how to calculate customer churn rate.
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in Investing
Capital Gain Definition
Capital gain refers to an increase in a capital asset’s value and is considered to be realized when the asset is sold.
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in Economics
Business Cycle
The business cycle depicts the increase and decrease in production output of goods and services in an economy.
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in InvestingLearn About a Bubble in Economics
A bubble is an economic cycle that is characterized by a rapid economic expansion followed by a contraction.
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in Business
How Brick-and-Mortar Stores Are Performing and Adapting
The term “brick-and-mortar” refers to a traditional business that offers its products and services to its customers in an office or store, as opposed to an online-only business.
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in Business
What Is Brand Recognition?
Brand recognition is the extent to which the general public is able to identify a brand by its attributes.
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in Business
Understanding Brand Management
Brand management is a marketing function that uses brand management techniques to increase the perceived value of a product line or brand over time.
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in Business
Understanding Brand Extension
Brand extension is the use of an established name for a new product or new product category. This can succeed or fail spectacularly.
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in Business
What You Need to Know About Brand Equity
Brand equity refers to the value a company gains from a product with a recognizable and admired name when compared to a generic equivalent.
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in Business
Why Brand Awareness Matters
Brand awareness is a marketing term that describes the degree of consumer recognition of a product or service by its name. Creating brand awareness is a key step in promoting a new product or reviving an older brand.
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in Finance
Bounced Checks Explained
A bounced check is slang for a check that cannot be processed because the writer has insufficient funds.
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