Examlex
Social Security is a pay-as-you-go system.Payroll taxes earned by current workers are distributed to pay benefits for those who are already retired.
Manufacturing Industry
The sector of the economy that is involved in the production of goods using raw materials and machinery.
Largest Number
Refers to the highest or most significant figure in a given set or range of numbers.
Restructured Partnership
A partnership that has undergone changes in its structure, such as its organization, management, or financial arrangements, to improve efficiency or adapt to new conditions.
Business Termination
The process of permanently closing a business, involving the settling of debts, distribution of remaining assets, and legal formalities.
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