INPUT VAT Definition

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INPUT VAT is the VAT on a companys input supplies. See also VALUE ADDED TAX (VAT).

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GOING SHORT is the selling of commodities, bonds, or stock before actually buying it. This happens when a dealer or investor believes the price of the item (on the date of its delivery to the buyer) will be lower than its current price. He or she expects to make a profit by buying the item on or just before its delivery date. See GOING LONG.

DRAW see PROPRIETORS DRAW.

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