Against Actual

Against Actual

What is ‘Against Actual’ Against actual is the transaction that takes place when two traders exchange futures contracts for cash. There is no physical exchange of commodities made, only the trade of currency for the deal. These types of transactions take...
How to know when Trump is lying

How to know when Trump is lying

President Donald Trump lies, but not everything he says is a lie. That’s how CNN’s Brian Stelter framed the debate over how the press should cover the president’s false statements. “We need to distinguish between a deflection, an exaggeration...
Enhanced Oil Recovery (EOR)

Enhanced Oil Recovery (EOR)

What is ‘Enhanced Oil Recovery (EOR)’ Enhanced oil recovery (EOR) is the process of recovering oil not already extracted from an oil reservoir through primary or secondary recovery techniques. Those techniques rely on natural or enhanced pressures to force...
Quick Response (QR) Code

Quick Response (QR) Code

What is a ‘Quick Response (QR) Code’ A Quick Response (QR) Code is a type of barcode which can be read by a digital device and which stores information. A quick response code, also called a QR code, is most frequently used to track information about...
Advertised Price

Advertised Price

What is an ‘Advertised Price’ An advertised price is the price of a product or service as displayed or announced in a print, radio, television or online advertisement. If the advertised price is well below the normal price of a product, it is likely to be...
Product Life Cycle

Product Life Cycle

Loading the player… What is the ‘Product Life Cycle’ The product life cycle describes the period of time over which an item is developed, brought to market and eventually removed from the market. The cycle is broken into four stages: introduction,...