Difference between revisions of "Premiums"
(Created page with "Premiums are payments made to an insurance company. ==Definition== According to Principles of Economics by Timothy Taylor (3rd edition), :Premiums. Payments made...") |
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
:[[Premiums]]. Payments made to an insurance company. | :[[Premiums]]. Payments made to an insurance company. | ||
| − | + | According to the [[Marketing Communications by Fill (5th edition)]], | |
| + | :[[Premiums]]. A technique used in sales promotion. Items of merchandise are offered free or at a low cost in return for product purchase. | ||
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Revision as of 16:55, 14 July 2020
Premiums are payments made to an insurance company.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Premiums. Payments made to an insurance company.
According to the Marketing Communications by Fill (5th edition),
- Premiums. A technique used in sales promotion. Items of merchandise are offered free or at a low cost in return for product purchase.
