Examlex
The dark, magnetic stripe on the back of credit cards can hold about 200 gigabytes of information.
Price Hike
An increase in the selling price of goods or services, often due to higher costs or improved demand.
Value-Based Pricing
Setting the price of a product or service based on the perceived value it offers to customers rather than its cost of production.
Operating Cost
Expenses associated with the day-to-day functions of a business, excluding the cost of goods sold (COGS).
Useful Life
The estimated duration of time that an asset is expected to be usable for its intended purpose.
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