Examlex
The value of checks that have been written and disbursed but have not been deducted from the account on which they were written is the float.
Cartels
An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often to maximize profits collectively.
Secret Price Concessions
Secret price concessions involve undisclosed discounts or benefits offered by a seller to a buyer, often to secure a deal or foster loyalty without publicly affecting the listed price.
Business-Cycle Stability
The condition of an economy experiencing minimal fluctuations in growth, unemployment, and inflation, resulting in a stable economic environment.
Participating Firms
Companies that engage in a particular market or economic activity, contributing to the production, distribution, or provision of goods and services.
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