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yield management

 - 2 dictionary results

yield management

–noun
the process of frequently adjusting the price of a product in response to various market factors, as demand or competition.

Origin:
1980–85
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Main Entry:  yield management
Part of Speech:  n
Definition:  the practice of adjusting prices up or down in response to demand in order to control yield
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