ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ADVANCE CORPORATION TAX Definition
ADVANCE CORPORATION TAX (ACT) is a UK Corporation tax, required under
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COST OF GOODS SOLD (COGS) is a figure representing the cost of buying raw material and producing finished goods. Included are precise factors, i.e. material and factory labor; as well as others that are variable, such as factory overhead.
GRAY MARKET is the unofficial trading of securities before their formal public issue.