understate a profit

  • 1understate — /ˌʌndə steɪt/ verb to make something seem less than it really is ● The company accounts understate the real profit …

    Dictionary of banking and finance

  • 2Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …

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  • 3Earnings before interest, taxes, depreciation and amortization — (EBITDA) is a non GAAP metric that can be used to evaluate a company s profitability.::EBITDA = Operating Revenue – Operating Expenses + Other RevenueIts name comes from the fact that Operating Expenses do not include interest, taxes, or… …

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  • 4Cost the limit of price — Part of the Politics series on Anarchism …

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  • 5Economy of Communist Czechoslovakia — In the mid 1980s, Czechoslovakia was one of Eastern Europe s most industrialized and prosperous countries. Although levels of consumption were well below those common in Western Europe, inhabitants of Czechoslovakia enjoyed a standard of living… …

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  • 6Rate of exploitation — The rate of exploitation is a concept in Marxian political economy. It usually refers to the ratio of the total amount of unpaid labor done (surplus value) to the total amount of wages paid (the value of labour power). The rate of exploitation is …

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  • 7Health care in the United States — ] Current estimates put U.S. health care spending at approximately 15.2% of GDP, second only to the tiny Marshall Islands among all United Nations member nations. The health share of GDP is expected to continue its historical upward trend,… …

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  • 8Clean Elections — (variously called, Clean Money, Voter Owned Elections, or Fair Elections ) is a term used to describe a particular system of government financing of political campaigns, in which the government provides a grant to candidates who agree to limit… …

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  • 9Higher education in the United States — refers to a variety of institutions of higher education in the United States. Strong research and funding have helped make American colleges and universities among the world s most prestigious, which is particularly attractive to international… …

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  • 10Social capital — is a concept in business, economics, organizational behaviour, political science, public health, sociology and natural resources management that refers to connections within and between social networks. Though there are a variety of related… …

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