Unsubscribed

Search Dictionary

Definition of 'Unsubscribed'

Unsubscribed is a term used in the financial industry to describe a customer who has canceled their subscription to a service or product. This can happen for a variety of reasons, such as the customer no longer being interested in the service, finding a better deal elsewhere, or simply being unable to afford the subscription.

When a customer unsubscribes, it can have a number of consequences for the company that provides the service. For example, the company may lose out on revenue from the subscription fees, and it may also have to spend time and money on customer service to deal with the cancellation.

In some cases, a company may try to win back a customer who has unsubscribed by offering them a discount or a free trial. However, this is not always successful, and some customers may simply be determined to cancel their subscription.

If you are a customer who is considering unsubscribing from a service, it is important to weigh the pros and cons carefully before making a decision. You should consider whether you are actually getting value from the service, and whether you can find a better deal elsewhere. You should also consider the consequences of unsubscribing, such as losing access to certain features or benefits.

If you do decide to unsubscribe, it is important to do so in a polite and professional manner. You should also make sure to cancel your subscription through the correct channels, as this will ensure that your account is properly closed.

Once you have unsubscribed, you should receive a confirmation email from the company. This email will typically include information about how to reactivate your subscription if you change your mind.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.