CHURN RATE Definition

Bookmark and Share

CHURN RATE is the percentage of customers (e.g., cellular telephone subscribers) that cancels their service per month.

Learn new Accounting Terms

SERVICE BUSINESS is a form of business providing different types of labor services in a wide variety of business sectors, e.g., lawn mowing, housecleaning and clothes cleaners are three types of consumer services offered to the general public.

CONSUMBER BEHAVIOR is the study of individuals, groups or organizations and the processes that are used by that consumer to identify, purchase, apply and dispose of a product or service, and the study of those experiences or ideas to satisfy needs and the impacts that these processes have on the the choices that consumers or society ultimately make.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.