ELI5: What is the purpose of money back purchases?

In a money back purchase, the goal is that by separating the purchase (for $500) from the cash back ($100) into two separate activities, you better protect the price of the product. So after the …

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ELI5: What Is The Purpose Of Money Back Purchases?

1 week from now

In a money back purchase, the goal is that by separating the purchase (for $500) from the cash back ($100) into two separate activities, you better protect the price of the product. So after the …

reddit.com

2%
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ELI5 What Is “cash Back” In Regards To Credit Cards?

1 week from now

It means you spend $200 and then you get a "cash back" reward that's typically 1-2% of purchase amount, so a reward of like $2-4. Basically, credit card companies charge retailers about 3% …

reddit.com

$10
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Margin (finance) - ELI5

1 week from now

Margin is like borrowing money from a bank to buy things. Let's say you want to buy a toy which costs $10, but you only have $5. You go to the bank and ask if they can give you the other $5, …

eli5.gg

$200000
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ELI5: Depreciation Recapture (United States)

1 week from now

So, let's say that you buy a house for $200,000 and claimed $20,000 in depreciation over the years. When you sell the house for $180,000, you lost $20,000. But because you claimed …

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FAQs about ELI5: What is the purpose of money back purchases? Coupon?

What is the purpose of using 'ELI5'?

When people use 'ELI5' online, they're asking others to explain a complex or obscure topic in the simplest of terms. So, if taken literally, they would explain something in a way that a 5-year-old would understand. ELI5 stands for 'explain like I'm 5'. ...

What is the eli5 subreddit?

In 2011, the subreddit r/ExplainLikeImFive was created, and ELI5 became one of the most common acronyms used in educational circles on the internet. The subreddit was created to provide a platform for people to ask questions and receive simple, easy-to-understand answers. ...

What does "ELI5" stand for?

ELI5 stands for Explain Like I'm Five years old. So, an answer in response to "ELI5" might be the best way for the average person to grasp a concept. The standard format is to just type the acronym followed by the question you want to ask. ...

What does eli5 mean in online communication?

Join us as we dive into the world of “ELI5” and uncover its intriguing significance in online communication. What Does ” ELI5″ Mean? ELI5 stands for “ Explain Like I’m 5,” and it’s a request for an explanation of a complex topic in simple terms. ...