Examlex
The benefits-received principle of taxation is used to support corporate and personal income taxes.
Market Value
Market value is the current value at which an asset, company, or security can be bought or sold in the marketplace, determined by supply and demand dynamics.
Sales Commission
A payment made to a salesperson or broker for facilitating a sale, typically calculated as a percentage of the sale price.
Load Fund
A mutual fund that charges a fee (load) for buying or selling shares, in addition to the management fees.
Managed Investment Company
A company that pools funds from investors to collectively invest in securities.
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