PROPRIETARY Definition

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PROPRIETARY is an account, item, or information belonging to a company or individual. See PROPRIETARY ASSET.

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TRANSACTION DRIVERS are used to count the frequency of an activity, i.e., the number of times an activity is performed.

ALTERNATIVE MINIMUM TAX (AMT) is an alternative tax which includes certain tax preference items that are added back into adjusted gross income. If higher than the regular tax, then the regular tax plus the amount by which AMT exceeds the regular tax is paid.

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