DEFLATION Definition

DEFLATION is a contraction of economic activity resulting in a decline of prices.

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CAPITAL REDUCTION means reducing a companys stated capital base.

FOREIGN CORRUPT PRACTICES ACT (1977) is a United States federal law that is primarily known for its two main provisions: one that deals with accounting transparency requirements of issuers required to report under the Securities Exchange Act of 1934 and one that deals with bribery of foreign officials.

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