TITLE

ETF

PUB. DATE
April 2016
SOURCE
Computer Desktop Encyclopedia;Apr2016, p1
SOURCE TYPE
Encyclopedia
DOC. TYPE
Reference Entry
ABSTRACT
(1) (Early Termination Fee) The monetary penalty for canceling a cellular subscription before the end of the contract. The common two-year cellphone contract subsidizes the cost of the phone; for example, a USD $600 smartphone may cost the subscriber $200. The remaining $400 is paid off during the mandatory term of the contract.
ACCESSION #
114219275

 

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