Tag: rate
Sales Tax
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...
Saber Currency
What is 'Saber Currency' A proposed Brazilian currency that would be handed out by the Ministry of Education to 7-year-olds to be...
Bait And Switch
DefinitionBait-and-switch is a form of fraud used in retail sales, but also employed in other contexts. Bait And Switch What is 'Bait And...
Macroeconomic Factor
What is a Macroeconomic Factor
A macroeconomic factor is a broad concept used in economics to describe anything that could affect the economy as a...
Savings Rate
What is a 'Savings Rate' A savings rate is the amount of money, expressed as a percentage or ratio, that a person...
Back-to-Back Loan
DefinitionA Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed....
Back Order
What is a 'Back Order' A back order is a customer order that has not been fulfilled. A back order generally indicates...
Back-Of-The-Envelope Calculation
What is 'Back-Of-The-Envelope Calculation' An informal mathematical computation, often performed on a scrap of paper such as an envelope. A back-of-the-envelope calculation...
Back Taxes
DefinitionBack taxes is a term for taxes that were not completely paid when due. Typically, these are taxes that are owed from a prior...
Basis Point
DefinitionA basis point is one hundredth of a percent or equivalently one ten thousandth. The related concept of a permyriad is literally one part...