Deposit refund system definition

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Deposit-refund system

Deposit-refund system logo #21000 A deposit-refund system (DRS), or advance deposit fee`, is a surcharge on a product when purchased and a rebate when it is returned. A well-known example is when container deposit legislation mandates that a refund is given when reusable packaging is returned. Deposit-refund system are a market-based instrument to address externalities. As with P....
Found on http://en.wikipedia.org/wiki/Deposit-refund_system
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