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Taxes

Debtor

In the world of finance, we often come across the term "debtor" or "borrower". This refers to an individual or entity that has taken on a financial obligation to repay borrowed funds. This could be in the form of a loan, credit card debt, or any other type of financial agreement. Essentially, a debtor is someone who owes money to someone else. As we dive deeper into the world of finance, understanding the role of a debtor is crucial.

Short-term capital gains

Capital gain is the profit gained from selling assets that have been owned for a short period. This gain is subject to taxation and is an important concept in finance. It is...

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Compensation

As an educator in the field of finance, it is crucial to understand the concept of rewards in a business setting. In this context, rewards refer to both monetary and non-mon...

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Provisional assessment

In finance, an assessment of tax is conducted before a final assessment can be made. This initial assessment is typically based on an estimated figure or the previous year's...

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Net profit margin

The measure of a company's profitability in relation to its total revenue, commonly referred to as the operating profit to gross income ratio, is a key metric in the realm of...

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