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Closeout (sale) A closeout or clearance sale ( closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [2]
The Open Source Definition, as used by the Open Source Initiative for open source software. Open-source model, a decentralized software development model that encourages open collaboration. Open-source software, software which permits the use and modification of its source code. History of free and open-source software.
Bargain bin. A bargain bin refers to an assorted selection of merchandise, particularly software, tools and CDs, which have been discounted in price. Reasons for the discount can range from the closure of a production company to a steep decline in an item's popularity in the aftermath of a fad or scandal. Another reason for the discount can be ...
Software copyright is the application of copyright in law to machine-readable software. While many of the legal principles and policy debates concerning software copyright have close parallels in other domains of copyright law, there are a number of distinctive issues that arise with software. This article primarily focuses on topics particular ...
Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system.
PRISM is a code name for a program under which the United States National Security Agency (NSA) collects internet communications from various U.S. internet companies. [ 1][ 2][ 3] The program is also known by the SIGAD US-984XN. [ 4][ 5] PRISM collects stored internet communications based on demands made to internet companies such as Google LLC ...
Stock clearance, also known as inventory clearance, refers to the sale of remaining merchandise or goods at significantly reduced prices to clear out old or overstocked inventory, making room for new products. Companies often engage in stock clearance sales to optimise inventory levels, minimise holding costs, and free up space in warehouses or ...
Outlet store. An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock, closeout, returned, factory seconds, or lower-quality versions ...