A(n) ________________ Is a Written Accusation Returned by a Grand

question 16

Short Answer

A(n) ________________ is a written accusation returned by a grand jury, charging an individual with a specified crime after determination of probable cause.

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Definitions:

Capital Gains

The profit realized from the sale of a capital asset, like stocks or real estate, when the sale price exceeds the purchase price.

Interest Income

Earnings received from deposit or investment accounts, such as savings accounts, bonds, or loans.

Taxable Income

Income on which tax must be paid; total income minus exemptions and deductions.

Average Tax Rate

The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), expressing the percentage of income that goes to taxes.