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The chronosystem involves the
Payroll Taxes
Taxes that employers are required to withhold from employees' paychecks and/or pay on behalf of their employees, including Social Security and Medicare taxes.
Discounting
In finance, refers to the process of determining the present value of a payment or a series of payments that will be received in the future.
Note Payable
A written agreement to pay a specified sum of money, plus interest, on a set date, representing a liability for the issuer.
Proceeds
The total amount of money received from a transaction before any deductions are made for costs or expenses.
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