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  2. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...

  3. Authorization hold - Wikipedia

    en.wikipedia.org/wiki/Authorization_hold

    Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

  4. Collision avoidance system - Wikipedia

    en.wikipedia.org/wiki/Collision_avoidance_system

    A collision avoidance system ( CAS ), also known as a pre-crash system, forward collision warning system ( FCW ), or collision mitigation system, is an advanced driver-assistance system designed to prevent or reduce the severity of a collision. [ 2] In its basic form, a forward collision warning system monitors a vehicle's speed, the speed of ...

  5. Auto insurance premiums are revving up again, and could ... - AOL

    www.aol.com/finance/auto-insurance-premiums...

    A new report published by Insurify, an insurance comparison shopping site, shows the average U.S. rate for full auto insurance surged to $2,329 in the first half of 2024. That marks a 15% increase ...

  6. Phase-out of fossil fuel vehicles - Wikipedia

    en.wikipedia.org/wiki/Phase-out_of_fossil_fuel...

    In November 2021, at 2021 United Nations Climate Change Conference, car manufacturers including BYD Auto, Ford Motor Company, General Motors, Jaguar, Land Rover, Mercedes-Benz and Volvo have committed to "work towards all sales of new cars and vans being zero emission globally by 2040, and by no later than 2035 in leading markets".

  7. Effective interest rate - Wikipedia

    en.wikipedia.org/wiki/Effective_interest_rate

    The effective interest rate ( EIR ), effective annual interest rate, annual equivalent rate ( AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates in periods different than a year. [ 1] It is the compound interest payable annually in arrears, based on the nominal interest rate.

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