Distinction

Cachet
Cachet refers to a mark of quality or distinction, individuality, or authenticity typically associated with superior status or elite standing. A product or brand with cachet often enjoys a higher value and esteem among consumers and peers.
Reputation
Reputation refers to the esteem, position, character, distinction, or renown that someone or something enjoys within society, often earned by meeting approved societal standards.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.