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  2. Cancellation (mail) - Wikipedia

    en.wikipedia.org/wiki/Cancellation_(mail)

    Cancellation (mail) A cancellation (or cancel for short; French: oblitération) is a postal marking applied on a postage stamp or postal stationery to deface the stamp and to prevent its reuse. Cancellations come in a huge variety of designs, shapes, sizes, and colors. Modern cancellations commonly include the date and post office location ...

  3. Cooling-off period (consumer rights) - Wikipedia

    en.wikipedia.org/wiki/Cooling-off_period...

    For example, in the European Union the Consumer Rights Directive of 2011 obliges member states to give purchasers the right to return goods or cancel services purchased from a business away from a normal commercial premises, such as online, mail order, or door-to-door, with limited exceptions, within two weeks or one year if the seller did not ...

  4. Service-level agreement - Wikipedia

    en.wikipedia.org/wiki/Service-level_agreement

    A service-level agreement is an agreement between two or more parties, where one is the customer and the others are service providers. This can be a legally binding formal or an informal "contract" (for example, internal department relationships). The agreement may involve separate organizations or different teams within one organization.

  5. Cancellation property - Wikipedia

    en.wikipedia.org/wiki/Cancellation_property

    Cancellation property. In mathematics, the notion of cancellativity (or cancellability) is a generalization of the notion of invertibility . An element a in a magma (M, ∗) has the left cancellation property (or is left-cancellative) if for all b and c in M, a ∗ b = a ∗ c always implies that b = c . An element a in a magma (M, ∗) has the ...

  6. Business Model Canvas - Wikipedia

    en.wikipedia.org/wiki/Business_Model_Canvas

    The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. It offers a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances, assisting businesses to align their activities by illustrating potential trade-offs.

  7. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    That is to say, a letter of credit is a payment method used to discharge the legal obligations for payment from the buyer to the seller, by having a bank pay the seller directly. Thus, the seller relies on the credit risk of the bank, rather than the buyer, to receive payment.