BOOK-TAX DIFFERENCE Definition

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BOOK-TAX DIFFERENCE is pretax book income minus tax net income.

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BURN RATE is the rate at which a new company uses up its venture capital to finance overhead before generating positive cash flow from operations. It is the rate of negative cash flow, usually quoted as a monthly rate.

OWN WORK CAPITALIZED represents the value of work performed for own purposes and capitalized as part of fixed assets.

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