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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STATUTORY DEDUCTIONS are those deductions that are required by law or regulation, e.g. payroll taxes deducted from wages.

MID-CAP is a stock with a capitalization, total equity value, between $500 million and $5 billion.

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