Tag: 2019

What is a salary reduction contribution A salary reduction contribution is an arrangement between an employer and an employee whereby the employee agrees to have...

What is sales per square foot and why is it important for retailers Sales per square foot is a measure of how much revenue a...

DefinitionSame-store sales is a business term which refers to the difference in revenue generated by a retail chain's existing outlets over a certain period,...

What is sales tax and why do we have it Sales tax is a tax levied on the sale of goods and services. The tax...

What is a 'Backlog' A backlog is a buildup of work that needs to be completed. The term "backlog" has a number...

What is a 'Bad Debt Recovery' A bad debt recovery is business debt from a loan, credit line or accounts receivable that...

What is a 'Savings Rate' A savings rate is the amount of money, expressed as a percentage or ratio, that a person...

What is "backing up the truck?" Backing up the truck refers to the purchase of a large position in a stock or other financial asset...

What is a 'Call Market' A call market is a type of market in which each transaction takes place at predetermined intervals...

DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at...