INDIRECT TAX
Tax collected by increasing the price of a good, thus making the consumers pay the tax by paying more for the goods. It is most frequently thought of as a tax being transferred from one taxpayer to another, by price hike. Cigarette, liquor, and fuel taxes are all considered examples of indirect taxes, as many argue the tax is actually being paid by the end consumer by increasing the retail price.
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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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An Introduction to Insurance
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Digesting Financial Statements: Pension Plans
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