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  2. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.

  3. Damage waiver - Wikipedia

    en.wikipedia.org/wiki/Damage_waiver

    Damage waiver. Damage waiver (DW) or, as it is often referred to, collision damage waiver ( CDW) or loss damage waiver ( LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]

  4. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...

  5. Capitalization rate - Wikipedia

    en.wikipedia.org/wiki/Capitalization_rate

    ⁠ $100,000 / $1,000,000 ⁠ = 0.10 = 10%; The property building's capitalization rate is 10% percent, or in other words, one-tenth of the building's cost is paid by the net proceeds earned in the year. If the owner bought the building twenty years ago for $200,000 that is now worth $400,000, his cap rate is: ⁠ $100,000 / $400,000 ⁠ = 0.25 ...

  6. Automotive industry - Wikipedia

    en.wikipedia.org/wiki/Automotive_industry

    The Thomas B. Jeffery Company automobile factory in Kenosha, Wisconsin around 1916. Fiat 1800 and 2100 sedans being assembled at a Fiat factory in 1961. The automotive industry began in the 1860s with hundreds of manufacturers pioneering the horseless carriage. Early car manufacturing involved manual assembly by a human worker.

  7. Warren Buffett surprises by slashing Berkshire Hathaway's ...

    www.aol.com/news/warren-buffett-surprises...

    By that measure, Berkshire's operating earnings grew more than 15% to $11.598 billion, or $8,072.16 per Class A share, from $10.043 billion, or $6,928.40 per Class A share, a year ago.

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