Examlex
Interconnection promotes competition by ensuring that no firm has exclusive access to a set of customers.
Premium
The amount paid for an insurance policy.
Face Value
The nominal or stated value of a security or financial instrument, such as a bond, note, or coin.
Taxable Income
Earnings that are taxable.
Medicare Tax
The amount of Medicare tax an employee pays is a set percentage of the entire income with no maximum amounts; the amount paid is split between the employee and employer.
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