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Water Particles in a Deep-Water Wave

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Water particles in a deep-water wave .


Definitions:

Liquidation

The process of winding down a company by selling off its assets to pay creditors and distribute any remaining assets to shareholders.

Net Pay

Gross pay less payroll deductions; the amount the employer is obligated to pay the employee.

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.

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