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Archive for April, 2011

Annuitant

Definition: A person who is entitled to receive benefits from an annuity. Read more

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Ad Valorem Tax

Definition: A tax, duty, or fee which varies based on the value of the products, services, or property on which it is levied. Read more

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Abatement

Definition: A reduction in or reprieve from a tax, debt or any other payment obligation. Read more

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CAPEX

Definition: CAPEX or Capital Expenditure are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment. Read more

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Big Four

Definition: The four largest U.S. public accounting firms: Deloitte, KPMG, PricewaterhouseCoopers, and Ernst & Young. Read more

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