MARKETING Definition

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MARKETING is the commercial processes involved in promoting and selling and distributing a product or service; finalizing with the exchange of goods or services for an agreed sum of money.

Learn new Accounting Terms

BACKLOG is value of unfilled orders placed with a manufacturing company. Whether a firms backlog is rising or falling is a clue to its future sales and earnings.

CONTRACT RATE OF INTEREST is the interest rate specified in a contract.

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