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Sweepstake. In the United States, a sweepstake is a type of contest where a prize or prizes may be awarded to a winner or winners. [ 1] Sweepstakes began as a form of lottery that were tied to products sold. [ 2] In response, the FCC and FTC refined U.S. broadcasting laws (creating the anti-lottery laws). [ 3]
Right of first refusal. Right of first refusal ( ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. A first refusal right must have at least three parties ...
e. The labor theory of value ( LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially necessary labor" required to produce it. The contrasting system is typically known as the subjective theory of value . The LTV is usually associated with Marxian economics, although it ...
July 11, or 7/11, has become known as National Slurpee Day. Customers will get a small Slurpee for free, no purchase is necessary. To get yours, just visit any participating 7-Eleven, Speedway or ...
NNTO, meaning No Need To Open. The recipient is informed that they do not need to open the email; necessary information is in the Subject line. NNTR, meaning No Need To Respond. The recipient is informed that they do not have to reply to this email. NRN, meaning No Reply Necessary or No Reply Needed.
A purchase order, often abbreviated to PO, is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services required. [1] It is used to control the purchasing of products and services from external suppliers. [2] Purchase orders can be an essential part of enterprise resource ...
No purchase, no pay. Privateer captain Woodes Rogers who is said to have employed pirates on a "no purchase, no pay" basis. "No purchase, no pay" (or "no prey, no pay") was a phrase used by pirates and privateers, of the 17th century in particular, to describe the conditions under which participants were expected to join expeditions or raids.
Unanimous consent. In parliamentary procedure, unanimous consent, also known as general consent, or in the case of the parliaments under the Westminster system, leave of the house (or leave of the senate ), is a situation in which no member present objects to a proposal.