Examlex
What is meant by portfolio insurance?
Profit Center
A branch or division of a company that is responsible for its own revenues and expenses, and thus its own profitability.
Generates Revenues
The process of creating income for a business through various activities such as sales, services, and investments.
Cost Center
A department or segment within a business that does not directly generate revenue but incurs costs, used for performance evaluation and budgeting.
Revenue Center
A segment of a business responsible for generating revenue through its operations and sales activities.
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