GROSS ESTATE
Total value of all property and assets before deducting debts and taxes at the time of an individual’s death. When an individual passes away, the executor or executress of the estate evaluates the assets of the deceased including real property, bonds, stocks, other investment, and personal property. This is usually produced for federal income tax, and is the figure from which liabilities will be subtracted to get the net estate value.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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Do I Need to Move Out or Renovate My House?
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