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  2. Deferred compensation - Wikipedia

    en.wikipedia.org/wiki/Deferred_compensation

    As of 2008, the maximum qualifying annual income was $230,000. So, for example, if a company declared a 25% profit-sharing contribution, any employee making less than $230,000 could deposit the entire amount of their profit-sharing check (up to $57,500, 25% of $230,000) in their ERISA-qualifying account. For the company CEO making $1,000,000 ...

  3. Proof of purchase - Wikipedia

    en.wikipedia.org/wiki/Proof_of_purchase

    A proof of purchase is also required for some product recalls. Traditional proof of purchase systems require the consumer to send some portion of the packaging, as defined by the product's manufacturer, along with a register receipt or sales invoice proving the product's purchase, with the latter being required for a product return to a retailer.

  4. Estate of Rockefeller v. Commissioner - Wikipedia

    en.wikipedia.org/wiki/Estate_of_Rockefeller_v...

    Commissioner of Internal Revenue. Estate of Rockefeller v. Commissioner, 762 F.2d 264 (2d Cir. 1985), [1] was a case in which the United States Court of Appeals for the Second Circuit held that section 162 (a) of the Internal Revenue Code only allows deductions against income for expenses that occur while carrying on a trade or business.

  5. Full documentation loan - Wikipedia

    en.wikipedia.org/wiki/Full_documentation_loan

    Full documentation loan. In the United States, full documentation loan refers to a loan where all income and assets are documented. [1] It is typically referred to as a "full doc" loan in the mortgage industry and is a common type of loan used for financing a home purchase. [2]

  6. Autonomous consumption - Wikipedia

    en.wikipedia.org/wiki/Autonomous_consumption

    Autonomous consumption. Autonomous consumption (also exogenous consumption) is the consumption expenditure that occurs when income levels are zero. Such consumption is considered autonomous of income only when expenditure on these consumables does not vary with changes in income; generally, it may be required to fund necessities and debt ...

  7. Proof banknote - Wikipedia

    en.wikipedia.org/wiki/Proof_Banknote

    A proof banknote is one that is printed to test the printing plates to see if it is suitable or not for putting into full production. A reason a proof banknote may be rejected is the colour is not suitable for one reason or other reasons. Another reason a proof banknote may be rejected is due to the design itself being unsuitable for one reason ...

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