Home > Terms > English, UK (UE) > Referral power

Referral power

The ability to direct a client to a specific vendor. Referral power is based on information and authority of the referrer, and ignorance of the client.

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  • Part of Speech: noun
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  • Blossary:
  • Industry/Domain: Banking
  • Category: Mortgage
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  • Acronym-Abbreviation:
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