Examlex
If Jaime is willing to pay $8 for a movie ticket and the theater charges her only $4 for 2 movie tickets,her consumer surplus for each movie ticket is equal to $4.
Capital Gain
The profit earned from the sale of an asset when the selling price exceeds its purchase price.
Book Value
The net asset value of a company, calculated as total assets minus intangible assets (patents, goodwill) and liabilities.
Income Taxes
Taxes on an individual's or corporation's income imposed by the government.
Modified Accelerated Cost Recovery System (MACRS)
The system of accelerated depreciation allowed for federal tax computations.
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