What does preferred supplier. mean?
preferred supplier. means A supplier with which a travel agency has negotiated or earned a higher commission rate.
This acronym/slang usually belongs to Common category.
What is the abbreviation for A supplier with which a travel agency has negotiated or earned a higher commission rate.?
A supplier with which a travel agency has negotiated or earned a higher commission rate. can be abbreviated as preferred supplier.
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Most popular questions people look for before coming to this page
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What does preferred supplier. stand for? preferred supplier. stands for "A supplier with which a travel agency has negotiated or earned a higher commission rate.". |
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How to abbreviate "A supplier with which a travel agency has negotiated or earned a higher commission rate."? "A supplier with which a travel agency has negotiated or earned a higher commission rate." can be abbreviated as preferred supplier.. |
| Q: A: |
What is the meaning of preferred supplier. abbreviation? The meaning of preferred supplier. abbreviation is "A supplier with which a travel agency has negotiated or earned a higher commission rate.". |
| Q: A: |
What is preferred supplier. abbreviation? One of the definitions of preferred supplier. is "A supplier with which a travel agency has negotiated or earned a higher commission rate.". |
| Q: A: |
What does preferred supplier. mean? preferred supplier. as abbreviation means "A supplier with which a travel agency has negotiated or earned a higher commission rate.". |
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What is shorthand of A supplier with which a travel agency has negotiated or earned a higher commission rate.? The most common shorthand of "A supplier with which a travel agency has negotiated or earned a higher commission rate." is preferred supplier.. |
Abbreviations or Slang with similar meaning
- accountable document. - Any piece of paper that, when validated by a travel agency, has a monetary value and which must be accounted for to the ARC.
- act of God. - A meteorological or seismic event over which a travel provider has no control and, hence, no legal responsibility. See also, force majeure.
- agent eligibility list. - A list prepared by the travel agency and submitted to ARC or IATAN of agency employees eligible for travel benefits. Also referred to as "the ARC list."
- airline appointed agency. - A U.S. travel agency that holds airline ticket stock or has e-ticketing capabilities.
- ARC list. - A list prepared by a travel agency and submitted to ARC or IATAN of agency employees eligible for travel benefits. Also referred to as "the agent eligibility list."
- cohort. - A group of clients or prospects for a travel agent ot travel agency with shared demographic characteristics.
- conversion agency. - A formerly independent travel agency that has joined a chain. Typically, the conversion agency's name will be changed to or blended with the name of the chain.
- cruise-only agency. - A travel agency that specializes primarily or entirely in marketing cruise vacations. Such agencies typically do not have an ARC appointment, but may be members of CLIA or NACOA.
- curb appeal. - The positive affect the outward appearance of a building or retail establishment such as a travel agency has on a potential customer viewing it from the street.
- fee-based pricing. - A compensation plan in which a corporation pays its travel agency a portion of the commissions generated by the corporation's travel volume, according to a negotiated schedule.
- host agency. - A travel agency that provides booking services to home-based travel agents, operating as independent contractors in exchange for a negotiated share of the resulting commission. For more information, s
- key accounts policy. - A corporate practice to reward top-selling accounts with preferential pricing. For example, a cruise line might offer a travel agency that sells a high volume of berths with lower per-cabin pricing th
- level playing field policy. - A supplier policy that prohibits travel agents from advertising discounted or rebated fares for the supplier's products. The goal is to protect smaller agencies from unfair competition by larger ones.
- minority front. - A travel agency or other entity that is ostensibly owned by a minority but is, in fact, owned, financed, or controlled by a non-minority person or entity. Such fronts are established to qualify for pr
- post audit. - A detailed review of a company's employee's completed travel to determine whether or not the billed amount is accurate. Sometimes conducted by a third party, which retains a percentage of any overbill
- producer. - A travel agency, travel agent or other entity that generates business for a supplier, especially significant business. "Acme Travel in Cleveland is a major producer for the Hyatt hotel chain."
- shell. - A pre-printed brochure or flyer produced by a supplier which has empty space in which a travel agency may have its own logo and address imprinted.
- ticket swiping. - A practice in which unused nonrefundable airline tickets are reissued to the travel agency or an agent within the travel agency instead of to the original traveler. This typically happens in corporate
- tortious interference. - A practice such as a former employee of a travel agency soliciting business from or selling to clients who "belong" to that agency. So called because the action creates a "tort," or wrong, that create
- valuable vulnerable. - A client who brings significant income to a travel agency but who is susceptible to taking his or her business elsewhere. Thr term may have been borrowed from the shipping industry, where it refers to