UNITARY TAX SYSTEM (UTS)
Corporate income tax based on a world wide taxable income of a multinational corporation.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Corporate income tax based on a world wide taxable income of a multinational corporation.
System where commissions are based.
Right of a seller to keep possession of goods sold but not paid for in full and stilling his possession. See vendor’s lien.
Common media for transmission of data and voice communications, that connects phone subscribers to a central exchange in a LAN such as Ethernet and Token Ring. See shielded twisted pair.
Social class different classes beneath it due to its power and influence. Less than 1% of population but may control up to 2/3rds of national wealth.
Upward shift of an economic cycle from a recession to a steady state or expansion. Opposite of downturn.
Fee for using a product or service.
Positive or negative psychological value assigned by one person to another, event, job, outcome etc., based on its attractiveness to him.
Activities in quality control transforming input to output valuable to customers.
Strategy of investment where shares that appear cheap, trading at less than true value, are bought. See growth investing.
Records a shipment’s value for liable amounts from damage and losses.
Difference in number of production hours per unit and number of budgeted hours per unit.
Mapping diagram of overlapping circles showing the relationship between items.
Social movement of a person down or up in status.
Settlement where an insurer pays a part of death benefits covering a person with a terminal illness.
1. General. Having the properties of a thing but being the thing. 2. Computing. An operation or feature appearing to exist but it does not.
Microsoft designed programming language interface allowing programmers to modify Basic Code.
Phone system feature allowing the operator to get a message to an employee on the phone.
Common shares give the owner the right to vote at the AGM. Also known as voting shares.
Hotel industry. Taking an arriving guest to another hotel as reserved accommodation is unavailable for a reason.