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The division of England into shires,each with a shire-reeve sheriff) ,
Interest Tax Benefit
The financial advantage gained through deducting interest payments on debt from taxable income.
MM Model
Modigliani-Miller Model; a theory on capital structure that suggests the market value of a firm is determined by its earning power and the risk of its underlying assets.
Tax-Deductibility
Pertains to expenses that can be subtracted from gross income to reduce the total taxable income, thereby lowering the amount of tax owed.
Financial Leverage
Engaging borrowed assets to increase the anticipated yield from an investment.
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