Examlex
President Richard Nixon froze all prices and wages in 1971, which led to shortages of goods throughout the economy.
Promotional Allowances
Financial incentives provided by manufacturers to retailers for the purpose of advertising or promoting specific products.
Manufacturer List Prices
The recommended retail price set by the maker of a product, indicating the price retailers are suggested to sell at to consumers.
Acronym
A word formed from the initial letters of a name or by combining initial letters or parts of a series of words.
FOB
Free On Board; a term in international commercial law specifying at what point the risk of loss shifts from the seller to the buyer.
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