BROKER-DEALER is any person or institution, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others.
PROGRESSIVE TAX is an income tax system to where the more income that is made the higher the tax percentage that must be paid.
VISUAL-FIT METHOD is a cost estimation method where an analyst examines a cost by plotting points on a graph (called a scatter diagram) and places a line through the points to yield a cost function. This method is more objective than the account-classification method, but it is still lacking because two cost analysts could (and likely would) visually fit different lines. Such an approach is useful, though, because it helps spot non-representative data points, or outliers.
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