An accounts receivable practice of invoicing the wholesale/retailer for products at regular price until promotional requirements are met. The deal amount will be returned later to the wholesaler/retai [..]

Billback is an accounting service that is used for cost recovery. With a billback system, the client or payee is charged a percentage of the total cost of equipment, services, and venues of which they [..]

A system whereby instead of a traveller settling directly with a travel supplier (ie: paying a room bill on departure), the hotel sends the bill directly to the TMC to settle, and is the reimbursed in turn by the corporate client.