ASSET REVERSION is asset recovery by the sponsoring employer through termination of a defined benefit pension fund and/or of assets in excess of amounts required to pay accrued benefits of a pension fund. In the U.S., assets recovered through reversion are subject to corporate income tax and an excise tax.
SALES LEDGER see LEDGER.
INVERSE is the opposite or reverse. An inverse relationship between two variables means that when one increases the other decreases.
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