Business Terms and Jargon Explained

What is Market share

This is a business share of the market it sells in, which is expressed as a proportion of the market. For example, Vodafone own 60% of the mobile phone market. This means that all its competitors make up only 40% of the market. This means all the people that have a mobile phone, 60% of all customers are with Vodafone.

One of the factors involved is the number of business in that industry. But when markets are large then there will always be big players that dominate the market.

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OTR Redundancy Standard terms and conditions
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External Auditor mutatis mutandis Gross domestic product - GDP
Hash Function Affirmation Shareholder agreement
Confirmation of Verbal Agreement AKA Warrant of detention
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Sui generis Over the Counter 51% attack
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Term created / updated 2008-08-21 14:47:33

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