Examlex
The normal balance of an expense account is a credit.
Contractual Systems
Arrangements or agreements between two or more parties that legally bind them to specific obligations or responsibilities, often seen in business agreements or franchising.
Corporate Chains
Companies that own or control a series of outlets or branches under a common brand.
Publicly Traded
Describes a company whose shares are bought and sold freely on one or more stock exchanges.
Volume Discounts
Reduced prices or rates offered by a seller to a buyer based on the quantity of goods or services purchased, typically incentivizing larger orders.
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