Business & Financial [S-Z]
Survey
An examination of opinions, behavior etc., made by asking people questions.
Tax Equalization
A tax reimbursement system intended to ensure the expatriate neither gains nor loses, with regard to income tax, from undertaking an expatriate assignment. A hypothetical tax amount is deducted and the company then meets any additional host country tax liability on the entire package.
Technical insolvency
Default on a legal obligation of the firm. For example, technical insolvency occurs when a firm doesn't pay a bill.
Territory
Area a salesperson covers.
Trade
A verbal (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered "done" or final. Settlement occurs 1-5 business days later.
Transactions costs
The time, effort, and money necessary, including such things as commission fees and the cost of physically moving the asset from seller to buyer.
Transfer
A Transfer is the movement of an employee to a job having the same value as the one that was occupied at the time of the move. A transfer will typically not provide an adjustment in pay since it is a lateral, rather than an upward move as in a promotio
Validity
The quality of a measuring device that refers to its relevance.
Variance
A measure of dispersion of a set of data points around their mean value. The mathematical expectation of the squared deviations from the mean. The square root of the variance is the standard deviation.
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