ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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ADEA Definition

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ADEA is Age Discrimination in Employment Act of 1967.

 

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RELATED PARTY TRANSACTION is an interaction between two parties, one of whom can exercise control or significant influence over the operating policies of the other. A special relationship may exist, e.g. a corporation and a major shareholder.

OPERATING PROFIT is Gross Profit minus Operating Expenses.


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