A term used by business to describe a person or entity who has purchased goods or services, or who is expected to do so in the future. It is the customer around which most businesses structure their model and mission to generate loyalty and goodwill that will produce ongoing relationships and referrals which are the key to profits.
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Clearing Margin
segregated account
electronic funds transfer at point of sale
customer profitability
pre financing
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Chooser Option
double dip recession
contingent reserve
trial balance