PROMOTIONAL ALLOWANCES Definition

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PROMOTIONAL ALLOWANCES are offered by manufacturers to support the additional promotional activities undertaken by channel members (retailers) on their behalf, e.g. discounts given as part of promotional programs, such as when products are put on sale to increase traffic in a retail store.

Learn new Accounting Terms

PERPETUAL is a fixed income security with no maturity date, such as a preferred stock with no sinking fund.

P&L see PROFIT AND LOSS STATEMENT.

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