NOPLAT Definition

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NOPLAT is Net Operating Profit Less Adjusted Taxes.

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INTERPERIOD EQUITY is a government's obligation to disclose whether current-year revenues were sufficient to pay for current-year benefits, or did current citizens defer payments to future taxpayers, i.e. it refers to whether current-year revenues are sufficient to pay for the services provided that year and whether future taxpayers will be required to assume burdens for services previously provided.

LOSS LEADER is a featured article of merchandise sold at a loss in order to draw customers.

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