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TeachMeFinance.com - explain Company-open automotive outlet Company-open automotive outlet The term 'Company-open automotive outlet' as it applies to the area of energy can be defined as ' One of three types of company automotive (retail) outlets. This type of outlet is operated by an independent marketer who owns or leases (from a third party that is not a refiner) the station or land of a retail outlet and has use of tanks, pumps, signs, etc. An open dealer typically has a supply agreement with a refiner or a distributor and purchases products based on either rack or dealer tank wagon prices'. Previous 5 Terms: Compaction curve (Proctor curve, moisture-density curve) Compaction test Company Company automotive (retail) outlet Company-lessee automotive outlet Next 5 Terms: Company-operated automotive outlet Company-operated retail outlet Comparative advantage Comparative genomics comparative language About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.