Business Etiquette, Business Interruption Insurance, Buyback, Buyers Market :



Business Etiquette : The manner and behaviour established by convention as acceptable in a business setting in which one person deals with another in a specific way such as to be courteous and punctual



Business Interruption Insurance : Amount set as security against possible loss, in the event of a temporary closing of a business, as by fire, usually with continuing overhead expense and loss in profits



Buyback : An agreement to accept the goods by the seller if returned on delivery : Purchase of its own stock by a corporation to reduce the number of outstanding shares on the market



Buyer’s Market : A condition in which supply is in excess of demand causing a fall in the prices. In business, the term describes the situation in which a particular seller influences a buyer in order to dispose off the excess stock and various such measures



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