Tag: work

Jan Tinbergen

DefinitionJan Tinbergen was an important Dutch economist. He was awarded the first Nobel Memorial Prize in Economic Sciences in 1969, which he shared with...

Job Hunting Expenses

What is 'Job Hunting Expenses' Costs that individuals may be allowed to deduct on their federal tax returns to reduce their total...

John Stuart Mill

DefinitionJohn Stuart Mill, also known as J.S. Mill, was a British philosopher, political economist, and civil servant. One of the most influential thinkers in...

Karl Albrecht

DefinitionKarl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the...

Canadian Institute Of Chartered Accountants (CICA)

What is 'Canadian Institute Of Chartered Accountants - CICA' A non-profit organization for accounting professionals in Canada. CICA has developed GAAP (generally...

Take or Pay

DefinitionA take-or-pay contract is a rule structuring negotiations between companies and their suppliers. With this kind of contract, the company either takes the product...

Unannualized

What is 'Unannualized' A rate of return on an investment for a period other than one year. An unannualized return may be used to report...

Short Position

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

Layered Fees

What is 'Layered Fees' Two sets of management fees that are paid by an investor for the same group of assets. This...

Lapping Scheme

What is a 'Lapping Scheme' A lapping scheme is an accounting method that involves altering the accounts receivable section of the balance...

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