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profiteer profiteer
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profit profit
profit in economics, return on capital, also called earnings, minus the costs of maintaining land, labor, and capital. It is also known as net income. Economic theorists generally make a distinction between two types of profit: normal profit, in which the entrepreneur receives the minimal... Read more
Excess profits tax Excess profits tax
EXCESS PROFITS TAX EXCESS PROFITS TAX. The Excess Profits Tax, a predominantly wartime fiscal instrument, was designed primarily to capture wartime profits that exceeded normal peacetime profits. In 1863 the Confederate congress and the state of Georgia experimented with excess profits taxes. The... Read more
treaty of Worcester treaty of Worcester
Worcester, treaty of, 1218. After John's death in 1216, he was succeeded by his son Henry III, aged 9. Llywelyn ab Iorwerth had profited from the divisions of John's reign and controlled most of Wales. At Worcester in 1218 his power was acknowledged, he was recognized as Henry's lieutenant during... Read more
Ratio analysis Ratio analysis
Financial Ratios USE AND USERS OF RATIO ANALYSIS PROFITABILITY RATIOS ASSET UTILIZATION RATIOS LEVERAGE RATIOS LIQUIDITY RATIOS MARKET VALUE RATIOS COMMON SIZE RATIOS CAUTIONS ON THE USE AND INTERPRETATION OF FINANCIAL RATIOS BIBLIOGRAPHY Financial ratios are one of the most common... Read more
subsidy subsidy
subsidy financial assistance granted by a government or philanthropic foundation to a person or association for the purpose of promoting an enterprise considered beneficial to the public welfare. Subsidies were used in England in the later Middle Ages, when Parliament granted funds to the king to... Read more
profit sharing profit sharing
profit sharing arrangement by which employees receive, in addition to their wages, a share of the net profits of a business. The purpose is to give them an incentive to increase their output through enhanced morale, less wasteful use of materials, better care of equipment, and the like. Profit... Read more
Profit Margin Profit Margin
Profit Margin The profit margin is an accounting measure designed to gauge the financial health of a business or industry. In general, it is defined as the ratio of profits earned to total sales receipts (or costs) over some defined period. The profit margin is a measure of the amount of profit... Read more
Thermidor Thermidor
Thermidor , 11th month of the French Revolutionary calendar . The coup of 9 Thermidor (July 27, 1794) marked the downfall of Robespierre and the end of the Reign of Terror . The men who came into power were members of the old bourgeoisie and the newly rich who had profited from speculation and... Read more
publican publican
publican [Lat.,=state employee], in ancient Rome, man who was employed by the state government under contract. As early as c.200 BC there was a class of men in Rome accustomed to undertaking contracts involving public works and tax collecting; the tax collectors made the most profit. The publicans... Read more

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