Results 1 to 3 of 3

    • Join Date: Mar 2008
    • Posts: 2

    Question business vocabulary

    I'm an English teacher myself. One of my students got an e-mail (part of a sring of emails) from one of his company's suppliers mentioning the terms "Rom price" and "firm fixed price" as opposed ideas... the thing is, i never got to figure out exactly what "Rom price" means. Could they have misspelt it?

  1. Soup's Avatar
    VIP Member
    English Teacher
    • Member Info
      • Native Language:
      • English
      • Home Country:
      • Canada
      • Current Location:
      • China

    • Join Date: Sep 2007
    • Posts: 5,882

    re: business vocabulary

    Could this be it?

    ROM stands for rate of markup, FC stands for fixed cost, and VC/S stands for ratio of variable cost per unit to Selling price.

    See New Tools for Business Mathmatics and Statistics

    • Join Date: Mar 2008
    • Posts: 2

    Lightbulb re: business vocabulary

    hi soup, it's nice to meet you. and , yeah, it makes sense now. thanks for the answer! i've been trying to find a clue on it for the last week!

Similar Threads

  1. Vocabulary Building
    By will mcculloch in forum General Language Discussions
    Replies: 3
    Last Post: 16-Mar-2009, 17:33
  2. Vocabulary
    By huda23 in forum Teaching English
    Replies: 2
    Last Post: 04-Aug-2008, 22:38
  3. countable and uncountable
    By Ambitious Girl in forum Ask a Teacher
    Replies: 3
    Last Post: 01-Apr-2008, 16:26


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts