Examlex
Garnishments are court-ordered amounts that an employer must withhold from an employee's pre-tax pay and remit to the appropriate authority.
Grossprofit Ratio
A financial metric that measures the proportion of money left over from revenues after accounting for the cost of goods sold (COGS), expressed as a percentage of sales.
Replacement Cost
The current cost of replacing an asset with a new one of similar style and quality.
Non-Cancellable
A term that describes a contract or agreement that cannot be terminated or cancelled before its expiration or predetermined end date.
Fixed Price
A pricing strategy where the cost of a good or service is not subject to change based on varying conditions such as market demand or costs of production.
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