A(n) _____ Is Simply a Segment of a Market That

question 20

Short Answer

A(n) _____ is simply a segment of a market that is not currently being exploited.

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Definitions:

Due Date

The due date is the specified day when a payment, task, or submission is required to be completed or paid.

Remittance

The act of sending money in payment or as a gift.

Discount Period

The time frame during which a payment can be made with a discount for early payment or the period before a financial instrument's maturity.

Discount Date

The date on which a discount becomes available or when an invoice must be paid to receive a discount.