TARIFF
Tax imposed on imported products and services. It is used to restrict trade as it increases the price of these goods and services. Money collected from tariff is called a customs duty or duty. The government uses the money to generate additional revenue or guard domestic industries from competition. There are two types of tariff: specific tariff is a fixed amount of money based on the item, while ad-valorem tariff is set based on the item’s percentage 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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An Introduction to the Basics of Economics
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Student Loans: Private Loans
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After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
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