Consumer-financed
Consumer-financed is paid for by consumers. In the context of testing, in this form the test laboratory derives its income by publishing its test results, usually in a monthly journal plus an annual summary.
Definition
According to Juran's Quality Handbook by Defeo (7th edition),
- Consumer-financed. Paid for by consumers. In the context of testing, in this form the test laboratory derives its income by publishing its test results, usually in a monthly journal plus an annual summary.