An Entity of Type: Thing, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org:8891

Stealth inflation is a type of charges or fees created by businesses to gain extra profit and revenue from its customers. The stealth part of the term is that business will often use miscellaneous fees to charge customers without the customers even knowing the fees existed as they were hidden in the fine print of a signed a contract. The inflation part of the term relates to the up charging of the service without actually providing anything additional. Since most companies charge a fee to accept payment, a portion gets built into profit and revenue. A big example of stealth inflation can be overdraft fees from banks surcharges from Telco providers, processing fees and installation fees. Another form of stealth inflation is devaluation of money by a government, sometimes in order to pay off

Property Value
dbo:abstract
  • Stealth inflation is a type of charges or fees created by businesses to gain extra profit and revenue from its customers. The stealth part of the term is that business will often use miscellaneous fees to charge customers without the customers even knowing the fees existed as they were hidden in the fine print of a signed a contract. The inflation part of the term relates to the up charging of the service without actually providing anything additional. Since most companies charge a fee to accept payment, a portion gets built into profit and revenue. A big example of stealth inflation can be overdraft fees from banks surcharges from Telco providers, processing fees and installation fees. Another form of stealth inflation is devaluation of money by a government, sometimes in order to pay off debt with lower value currency. The unintended higher cost of imported goods and raw material is passed on to the consumer yet not part of traditional definition of inflation. (en)
dbo:wikiPageExternalLink
dbo:wikiPageID
  • 15072575 (xsd:integer)
dbo:wikiPageLength
  • 3607 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1035305363 (xsd:integer)
dbo:wikiPageWikiLink
dbp:wikiPageUsesTemplate
dcterms:subject
gold:hypernym
rdfs:comment
  • Stealth inflation is a type of charges or fees created by businesses to gain extra profit and revenue from its customers. The stealth part of the term is that business will often use miscellaneous fees to charge customers without the customers even knowing the fees existed as they were hidden in the fine print of a signed a contract. The inflation part of the term relates to the up charging of the service without actually providing anything additional. Since most companies charge a fee to accept payment, a portion gets built into profit and revenue. A big example of stealth inflation can be overdraft fees from banks surcharges from Telco providers, processing fees and installation fees. Another form of stealth inflation is devaluation of money by a government, sometimes in order to pay off (en)
rdfs:label
  • Stealth inflation (en)
owl:sameAs
prov:wasDerivedFrom
foaf:isPrimaryTopicOf
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License