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The cashback website receives a commission from the retailer that, after the purchase is confirmed, is shared with the customer who made the purchase. The amount of time that it takes to receive the cashback benefits is dependent on the site. Certain sites will make their payments every four to six weeks, while others will only issue their ...
An economic theory that defines wealth by the amount of precious metals owned. business cycle. Also called the economic cycle or trade cycle. The downward and upward movement of gross domestic product (GDP) around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.
The economics term cost, also known as economic cost or opportunity cost, refers to the potential gain that is lost by foregoing one opportunity in order to take advantage of another. The lost potential gain is the cost of the opportunity that is accepted. Sometimes this cost is explicit: for example, if a firm pays $100 for a machine, its cost ...
Cashback Monitor is a website that tracks earnings rates across dozens of online shopping portals and cash back sites, making it easy to see which portal will give you the most points, miles or ...
Cash-back sites allow you to earn a percentage of cash back on your purchases, and some even run price comparisons for you. As Bookbinder learned, big purchases can mean big savings.
The "cash back" is rarely actually cash money, but rather takes the form of a transfer of the "cashback" amount to the customer's bank account. Examples in the U.S. include Rakuten Rewards, a coalition reward program, and many banks that give their clients cash back for using their debit cards to pay for various products and services. Channels
Cashback reward program, a small amount paid to a customer by a credit card company for each use of a credit card. Cashback website, a site where customers can earn cash rebates on online purchases that they make. Debit card cashback, cash that shoppers receive along with their goods when paying by debit card.
Rebate (marketing) In marketing, a rebate is a form of buying discount and is an amount paid by way of reduction, return, or refund that is paid retrospectively. It is a type of sales promotion that marketers use primarily as incentives or supplements to product sales. Rebates are also used as a means of enticing price-sensitive consumers into ...