Brand Equity

Brand Equity
Brand equity refers to the value premium that a company generates from a product with a recognizable name compared to a generic equivalent. It underscores the intangible aspects that influence consumer perception and allow businesses to charge higher prices, thereby enhancing profit margins.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.