Examlex
The popularity of digital cameras has enticed large discount stores like Walmart and Costco to offer digital photo printing services.How does this affect the digital photo printing market?
Third Party
An entity involved in a transaction besides the two main parties; in insurance, the person other than the policyholder and the insurer who may be affected by or have a claim against the policy.
Costs
The amount that must be paid or spent to buy or obtain something.
Compensation
Payment or benefits received for services rendered or damages incurred; often used in the context of employment.
Invisible Hand
A term coined by Adam Smith to describe the unintended social benefits resulting from individual actions when those actions are motivated by self-interest.
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