LEMON Definition

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LEMON is a. an investment with a poor or negative rate of return or a purchase made where the product has continuing problems, e.g. a lemon of an automobile; or, b. an asset that is in continual need of repair, e.g. an automobile can be referred to as a lemon.

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MRP see MATERIAL REQUISITION PLANNING.

DUMPING is the selling of merchandise in a foreign country at, or, below cost in order to seize market share.

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