BENEFIT PRINCIPLE
A tax idea that parties that benefit more from government expenditures pay more taxes to support that very expenditure fund. Refer to ability to pay principle.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A tax idea that parties that benefit more from government expenditures pay more taxes to support that very expenditure fund. Refer to ability to pay principle.
When output and prices are set based on the idea that the competition will not change their prices. Refer to Cournot competition.
The best performance an industry can manage. Its the benchmark set to be done or bettered. AKA best of breed. Refer to best practice.
When repairing an item is more costly thanreplacing it. If it cost more than 80% of replacement value.
An item of high value liek cars and real estate to name two. It may not be a luxury item at all.
An international group whose members are leading banks, shippers, and firms. They give information business to business over the internet. All documents needed for trade are available online. Only verifyable members can
An agreement between buyer and seller. Its commonly secured by the down payment. If the buyer changes their mind the seller must return the payment.
A digit in binary code. It is a b and is the smallest unit for computing information. The information is stored in 0s and 1s. Refer to byte.
A mobile device that emails, web browsing, texts, schedules, and acts as a phone. All these functions are handled in one device. It keeps a person in constant contact with clients or
Interest rate charged for refinancing. Its higher than an old rate but lower than the current one. It is an incentive to refinance instead or repayment.
A sample that is chosen in a sequential order. When the first account is chosen the amount of the rest is automatically chosen.
A large corporation with solid earnings and payments. They succeed in good and bad times and still manage to grow. Japan calls this first section.
The font used in the text for any printed item. The headline and subheadings are not included. Serif fonts are commonly used in size 9-12 points.
A US taxpayer can take 50% of an assets value during its year in service. The rest is a regular depreciation amount in the taxes. Any asset bought after December 31, 2007
The journey a carrier can take. It can involve more than one vehicle.
A person in charge of a worker or organization. A round knob, stud, or other protuberance, in particular. A cow.
Boulwarism is a negotiation tactic named after General Electric’s former vice president Lemuel Boulware, who pioneered the strategy.
The person who is responsible for the smooth function of an office or subsidiary that exists and conducts operations in a place other than where the company is headquartered. The branch office
The action of breaking something or a thing that has been broken.
Another word for blood alcohol level which is determined to measure someone’s legal limit to drive or operate a motor vehicle.