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tax exemption

(Encyclopedia)tax exemption, immunity from the requirement of paying taxes. Federal, state, and usually local law provide exemption from taxation for a wide variety of organizations, usually not-for-profit, such as...

censor

(Encyclopedia)censor sĕnˈsər [key], title of two magistrates of ancient Rome (from c.443 b.c. to the time of Domitian). They took the census (by which they assessed taxation, voting, and military service) and su...

American Automobile Association

(Encyclopedia)American Automobile Association (AAA), federation of American automobile clubs, est. 1902. AAA provides a number of benefits to its members, including emergency road service; national and internationa...

Aba

(Encyclopedia)Aba äˈbä [key], city (1991 est. pop. 264,000), SE Nigeria. It is an important regional market, a road and rail hub, and a manufacturing center for cement, textiles, pharmaceuticals, processed palm ...

Davenport, Herbert Joseph

(Encyclopedia)Davenport, Herbert Joseph, 1861–1931, American economist, b. Wilmington, Vt., Ph.D. Univ. of Chicago, 1898. He taught at the Univ. of Missouri and at Cornell. In Value and Distribution (1908) and Th...

Stamp, Josiah Charles, 1st Baron Stamp of Shortlands

(Encyclopedia)Stamp, Josiah Charles, 1st Baron Stamp of Shortlands, 1880–1941, English economist and financier. Active in many national and international economic commissions, he had an important part in the fram...

Decapolis

(Encyclopedia)Decapolis dēkăpˈəlĭs [key] [Gr.,=ten cities], confederacy of 10 ancient cities, all E of the Jordan, except Scythopolis. The others were (according to Pliny) Dion, Pella, Gadara, Hippos, Gerasa, ...

Baunsgård, Hilmar

(Encyclopedia)Baunsgård, Hilmar hĭlˈmər bounsˈgôr [key], 1920–90. Danish politician. A businessman, he was president of the youth organization of the Social-Liberal party (1948–50) and a member of the exe...

Wells, David Ames

(Encyclopedia)Wells, David Ames, 1828–98, American economist, b. Springfield, Mass., grad. Williams, 1847, and Lawrence Scientific School, Cambridge, Mass., 1851. Early in life he wrote several popular books on s...

Individual Retirement Account

(Encyclopedia)Individual Retirement Account (IRA), tax-sheltered retirement plan, originally created (1974) to assist individuals not covered by company pensions. Under the U.S. tax law of 1981, IRA provisions were...
 

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