Examlex
An Illinois state statute requires amusement parks to maintain equipment in certain condition for the protection of patrons. Jasper's Fun Park fails to maintain its equipment. Kaitlin, a patron, is thereby injured. Jasper's committed
Budget Deficit
The situation when a government's expenditures exceed its revenues within a specific budget period, leading to borrowing or use of saved reserves.
Interest Rate
The slice of a loan imposed as interest upon the borrower, usually articulated as an annual percentage of the loan still to be repaid.
Federal Income Tax
A tax imposed by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Return
The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.
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