The terms a small business meets, in plain words
The words on a rental agreement, a booking system and a payment statement, explained for the person running the business. Every term has a worked example.
Car rental glossary
The words on a rental agreement, a broker statement and a booking system, explained for the person running the business. Each has a worked example and a link to the page that goes deeper.
Security deposit hold, Collision damage waiver (CDW), Loss damage waiver (LDW), Deductible, One-way fee, Young driver surcharge, Additional driver fee, Mileage allowance, Fuel policy, Grace period, Turnaround time, Minimum rental period, Seasonal rate, Double booking, Broker commission, Direct booking, Utilization rate, No-show, Cancellation window, Airport concession fee.
Read all 20 terms