PRICE PROTECTION
\pɹˈa͡ɪs pɹətˈɛkʃən], \pɹˈaɪs pɹətˈɛkʃən], \p_ɹ_ˈaɪ_s p_ɹ_ə_t_ˈɛ_k_ʃ_ə_n]\
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Under this agreement, the buyer and seller reach a mutual understanding on the fixation of the price for a specific duration. However, in other similar agreement, the fluctuations in price that are outside the bounds are taken into consideration.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).