INHERITANCE TAX Definition

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INHERITANCE TAX is a tax charged on the passing of wealth from one person to another, either during life or at death.

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CAPITALIZATION is the statement of capital within the firm - either in the form of money, common stock, long-term debt, or in some combination of all three. It is possible to have too much capital (in which case the firm is overcapitalized) or too little capital (in which case the firm is undercapitalized).

AM can be: Asset Management, Account Manager, After Market, Audit Manager, or Accounting Management.

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