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What is the legal status of video résumés and social networking recruiting?
Deduction
A deduction is an expense that can be subtracted from gross income in order to reduce the amount of income that is subject to tax.
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The amount by which the bond's selling price exceeds its face value, reflecting additional cost to the issuer but higher interest income for the investor.
Balance Sheet
A financial overview capturing a company’s holdings, liabilities, and the proportion of equity owned by shareholders, pegged at a specific date.
Deduction
An amount that is subtracted from gross income or total expenses, used to reduce taxable income or the amount owed.
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