21 Results for Tag: reduce

Kyoto Protocol

DefinitionThe Kyoto Protocol is an international treaty which extends the 1992 United Nations Framework Convention on Climate Change that commits state parties to reduce greenhouse gas emiss


DefinitionKanban is a scheduling system for lean manufacturing and just-in-time manufacturing. Taiichi Ohno, an industrial engineer at Toyota, developed kanban to improve manufacturing effic

Implementation Lag

Implementation Lag What is 'Implementation Lag' The time lag between when a macroeconomic shock or other adverse condition is recognized by central banks and the government, and when a cor

Offset Mortgage

DefinitionThe term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first appeared in Aus


DefinitionAbsenteeism is a habitual pattern of absence from a duty or obligation without good reason. Generally, absenteeism is unplanned absences. Absenteeism has been viewed as an indicato

Abatement Costs

Abatement Costs What is 'Abatement Cost' A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have created. Abatement costs are generally incur

Above The Line Deduction

DefinitionIn the United States tax law, an above-the-line deduction is a deduction that the Internal Revenue Service allows a taxpayer to subtract from his or her gross income in arriving at

Sacrifice Ratio

Sacrifice Ratio What is the 'Sacrifice Ratio' The sacrifice ratio is an economic ratio that measures the costs associated with slowing down economic output to change inflationary trends. T

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 year. Back Taxes What is 'Back Taxes' Taxes that have

Charitable Contributions Deduction

Charitable Contributions Deduction Charitable contributions deduction is a tax incentive offered to individuals that donate sums to a recognized charity. The tax deduction allows taxpayers t
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