CERTIFIED PAYROLL REPORT Definition

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CERTIFIED PAYROLL REPORT means the record that a contractor or subcontractor engaged on a public work is required to submit to an awarding government body with a statement of compliance as required pursuant to regulations for each month in which the contractor or subcontractor employs one or more workmen in connection with the public work.

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FACE VALUE is the value printed or written on the face of a asset, e.g. on a bill or bond.

IPO (INITIAL PUBLIC OFFERING) is the first or primary offering of stock to the public.

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