Tag: state

Socialism

Socialism is a political and economic system that is based on collective or public ownership of the production means. Unlike capitalism, socialism lays emphasis...

Salary Freeze

What is 'Salary Freeze' The action of a company suspending salary increases for a period of time. By freezing salary increases for...

Sale Of Crown Jewels

What is 'Sale Of Crown Jewels ' A takeover-defense tactic that involves the sale of the target company's prized and most coveted assets - the...

Sao Paolo Stock Exchange (SAO) .SA

What is 'Sao Paolo Stock Exchange (SAO) .SA' Based in Sao Paolo, Brazil, this exchange has the fourth-largest market cap in all...

Savings Bond Plan

What is 'Savings Bond Plan' A program that allows employees to purchase U.S. savings bonds, such as the Series EE and Series...
Sales tax

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...

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...

Bait Record

What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...

Bagel Land

What is 'Bagel Land' A slang term that represents a stock or other security that is approaching $0 in price. Arriving in...

Back Order

What is a 'Back Order' A back order is a customer order that has not been fulfilled. A back order generally indicates...

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