A business entity (such as a sole proprietorship, partnership, or S corporation) whose income is taxed as the owner’s personal […]

A right of exclusive ownership of an idea or invention, which lasts for a specified length of time. During this […]

To be subjected to a punishment as a consequence of a prior misdeed.

A misguided form of pricing. Instead of the producer setting a price, he asks the “buyer” to set his own […]

Pay as you earn. A method of collecting income tax on behalf of the Government by taking it directly from […]

The benefit to each player associated with the joint actions of all the players.

An inventory of everyone a company must pay (employees, contractors, and anyone else in a labor agreement with the company), […]

A barrier preventing access to information on an internet site. Websites implementing a paywall will generally require users to provide […]

Personal Computer. The versatile desktop workstation used for hundreds of applications. They can be used to access a marketing database […]

A method to value a share of stock that takes expected growth into account. It is calculated by dividing a […]