ANNUALIZED INCOME
An approximate of the value of money which an asset, business or an individual will gain over the span of a year. The annualized income is often calculated with a data which is worth less than a year, so it is only an approximate of how much income will actually be gained for the year. Nonetheless, the annualized income figures can assist in creating budget and doing an estimation of the income tax payments.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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Starting Your Own Small Business: Choosing What You Want to Sell
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| 02:30 | PMI Composite | Dec | |
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