Examlex
Match the following terms to their correct definition:
-name given to an investor who owns more than 50 percent of the outstanding common shares of the investee
Social Security Rate
The percentage rate at which income is taxed to fund a country's social security system, which usually provides retirement, disability, and survivor benefits.
Unfunded Pension Liability
The gap between the pension benefits promised to employees and the actual amount of funds available to meet those obligations.
Long-term Liability
Financial obligations of a business that are due beyond the current fiscal year or operating cycle.
SUTA Payable
State Unemployment Tax Act payable, a liability account for taxes owed by employers to state unemployment insurance programs.
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