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  2. Customer lifetime value - Wikipedia

    en.wikipedia.org/wiki/Customer_lifetime_value

    Customer lifetime value: The present value of the future cash flows attributed to the customer during his/her entire relationship with the company. [2] Present value is the discounted sum of future cash flows: each future cash flow is multiplied by a carefully selected number less than one, before being added together.

  3. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    A discount offered to customers who are above a certain relatively advanced age, typically a round number such as 50, 55, 60, 65, 70, and 75; the exact age varies in different cases. The rationale for a senior discount offered by companies is that the customer is assumed to be retired and living on a limited income, and unlikely to be willing ...

  4. American Express - Wikipedia

    en.wikipedia.org/wiki/American_Express

    American Express Company ( Amex) is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based ...

  5. From department store to ice rink: How shuttering Macy’s will ...

    www.aol.com/news/apartments-hockey-rinks-amazon...

    Macy’s decision to close nearly a third of its stores will spark change in malls and communities across the U.S. Some of those transformations may catch shoppers by surprise. The retailer said ...

  6. Savings interest rates today: Step up your savings with ... - AOL

    www.aol.com/finance/savings-interest-rates-today...

    The fastest way to grow your savings balance isn't going to be at your local bank offering 0.50% APY — not when you can find any number of FDIC-insured digital savings accounts paying out 10 ...

  7. Abercrombie & Fitch CEO on getting into the wedding business ...

    www.aol.com/finance/abercrombie-fitch-ceo...

    The earnings rundown. Net sales: +22% year over year to $1 billion, vs. estimates for $958.7 million. Same-store sales: +21% vs. +15.7% estimate. Abercrombie & Fitch division sales: $571.5 million ...

  8. Debit card - Wikipedia

    en.wikipedia.org/wiki/Debit_card

    A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card ...

  9. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    v. t. e. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [ 1] Credit cards are one of the most widely used forms of payment across the world. [ 2]

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