The Part of a Venture's Interest Payment That Is Subsidized

question 29

True/False

The part of a venture's interest payment that is subsidized by the government because of the deductibility of interest is called the interest tax shield.

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Definitions:

Civil Rights Act

A landmark piece of federal legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin.

Employment Discrimination

Unfair treatment of employees based on race, gender, age, religion, or other protected characteristics.

Taft-Hartley Act

Federal legislation designed to curtail some of the powers that unions had acquired under the Wagner Act; designates certain union actions as unfair. Also called Labor-Management Relations Act.

Wagner Act

The first major piece of federal legislation adopted explicitly to encourage the formation of labor unions and provide for collective bargaining between employers and unions as a means of obtaining the peaceful settlement of labor disputes.