Price drawn by lot

Auch in: DE FR

On the stock exchange, the price of a security – which many buyers want to buy from a single seller at the same time or – which several sellers want to sell to a single buyer at the same time. – On the stock exchanges, this is usually decided by lot (lot: an object used in making a determination at random) as to who can get in on the action. – As a rule, a lot price must be specially marked in the price list in accordance with the respective stock exchange regulations.
Loss leader and low-budget offer (also referred to in German; sometimes also as “Lockangebot” and “Niedrigpreisofferte”): In the financial sector, a product offered at a price that barely covers costs (cost-covering) with the intention of – winning new customers with it or – stopping customers deserting the competition (customer desertion, customer churn). – Cold calling, Internet offers, kiddies manager, anniversary event, mail shot, product placement, surreptitious advertising.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

Zitieren

Merk, G. (Hrsg.): „Price drawn by lot“. In: Finanz- und Wirtschaftslexikon. https://www.gerhardmerk.de/price-drawn-by-lot/ (Stand: 25.07.2023).

Die von Universitätsprofessor Dr. Gerhard Merk begründete Sammlung wird seit Herbst 2014 von Professor Dr. Dr. h.c. Eckehard Krah redaktionell fortgeführt und um neue Begriffe ergänzt. Sollten Sie Fehler entdecken oder sonstige Hinweise haben, schreiben Sie an: info@ekrah.com

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