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  • Discounts and allowances

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    Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer, usually in written form). There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the discount issuer. Some discounts and allowances are forms of sales promotion. Many are price discrimination methods that allow the seller to capture some of the consumer surplus.

  • Old age

    serch.it?q=Old-age

    An elderly woman at a Ringing Cedars' settlement in Russia.Old age refers to ages nearing or surpassing the life expectancy of human beings, and is thus the end of the human life cycle. Terms and euphemisms include old people, the elderly (worldwide usage), seniors (American usage), senior citizens (British and American usages), older adults (in the social sciences), and the elders (in many cultures—including the cultures of aboriginal people). Old people often have limited regenerative abilities and are more susceptible to disease, syndromes, injuries and sickness than younger adults. The organic process of ageing is called senescence, the medical study of the aging process is called gerontology, and the study of diseases that afflict the elderly is called geriatrics. The elderly also face other social issues around retirement, loneliness, and ageism. Old age is not a definite biological stage, as the chronological age denoted as "old age" varies culturally and historically. In 2011, the United Nations proposed a human rights convention that would specifically protect older persons.

  • Senior Railcard

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    Pre-APTIS Railcard issued in 1988. Pre-APTIS "Day Returns Only" version of the Railcard from 1981. The earliest APTIS version of the Senior Citizen Railcard. The first revision, from January 1988. A change in October 1988: the background lettering becomes brown. The Senior Railcard is an annual card available to people aged 60 and over, which gives discounts on certain types of railway ticket in Britain. The Railcard has existed in various forms since 1975; the current version is priced at £30.00 and is valid for one year, with a 3-year card available for £70. It is one of a wide variety of discounted and concessionary fare schemes available on Britain's railway network.

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