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Sales Taxes
These are taxes imposed by governments on the sale of goods and services.
Sick Pay
Compensation paid by employers to employees during periods when they are unable to work due to illness.
Cumulative Preferred Stock
Cumulative preferred stock is a type of preferred stock that accumulates dividends in case of non-payment in any period, requiring these dividends to be paid out before any dividends to common stockholders.
Dividend Payable
A liability recorded when a company declares dividends to be paid to shareholders, representing the amount owed until the dividends are distributed.
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