GULF OPPORTUNITY ZONE
Special bundle of federal income tax credits and deductions made available to businesses opened after the Hurricane Katrina Disaster in August 2005. Businesses must meet several criteria/requirements in order to file for tax credits and deductions. The subsidy aims to encourage economic recovery and growth across the region affected by the disaster. Golf courses, liquor stores, massage parlors, and other types of businesses are not included.
POPULAR TERMS
Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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| 03:45 | Markit Final Manufacturing PMI | Oct | |
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