Tag: service

Earned Income Credit (EIC)

What is 'Earned Income Credit - EIC' A tax credit in the United States which benefits certain taxpayers who have low incomes...

Earned Income

What is 'Earned Income' Earned income is income derived from active participation in a trade or business, including wages, salary, tips, commissions...

Easement

What is 'Easement' Easement is a real estate concept that defines a scenario in which one party uses the property of another...

EBITDA-To-Interest Coverage Ratio

What is the 'EBITDA-To-Interest Coverage Ratio' The EBITDA-to-interest coverage ratio is a ratio that is used to assess a company's financial durability...

AAAA Spot Contract

What is 'AAAA Spot Contract' A standardized contract drawn up by the American Association of Advertising Agencies that governs the purchase of...

Debt to Income Ratio

DefinitionA debt income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of...

Zero Balance Account (ZBA)

What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...
Wage Assignment

Wage Assignment

What Is a Wage Assignment? A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to...

Labor Theory Of Value

Labor Theory Of Value What is the 'Labor Theory Of Value ' The labor theory of value was an early attempt...

What Is Planned Obsolescence

DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that...

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