Retail, Retail Display Allowance, Retained Earnings, Retainer

Retail, Retail Display Allowance, Retained Earnings, Retainer :

Retail : when little volume of the commodity is sold straight to the consumer

Retail Display Allowance : An amount which is paid by the manufacturer to the retailer so that the retailer displays the manufacturing product in an attractive manner

Retained Earnings : those profits of the shareholders which have accumulated over a period of time and have been operative in the business : the accounts which records these profits

Retainer : an amount paid to a professional in advance which confirms the availability of that particular professional over a period of time mutually decided, for example, a fee paid to a school or a fee paid to a lawyer


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