UNDER-BILLING Definition

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UNDER-BILLING is not recovering the full value of the agreed upon price or not billing for the correct amount of services or goods provided (usually unintentional).

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KEOGH is a pension plan in the United States that allows a business to contribute a portion of profits into a tax-sheltered account.

JOINT VENTURE is a venture by a partnership or conglomerate designed to share risk or expertise. See also VENTURE.

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