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Fit: Foreign independent tour actually used generically now for a travel package put together by a travel agent from separate components such as car, hotel and airfare, adjusted exactly as the tr . . . View Full Definition

Cost-Benefit: Calculating not only the financial costs of a project, but also the cost of the effects it will have from a social point of view. This is not easy to do since it requires valuations of intan . . . View Full Definition

Eed-ul-Fitr: Known as the Little Festival or the Festival of Fast-breaking. It marks the end of Ramadan. On the eve of Eid al-Fitr everyone looks for the new moon, if they see it they can end their fasti . . . View Full Definition

Adoption Benefits: Compensation to workers through employer-sponsored programs. Some examples of such benefits are financial assistance or monetary reimbursement for the expenses of adopting a child, or provis . . . View Full Definition

Electronic Benefits Transfer (EBT): Electronic benefits transfer, or EBT, is a system through which recipients of certain government benefits receive and spend funds electronically, using a plastic EBT card similar to a bank d . . . View Full Definition

Defined Benefit Plan: A defined benefit plan — popularly known as a pension — provides a specific benefit for retired employees, either as a lump sum or as income for the rest of their lives. Sometimes the employ . . . View Full Definition

Net Profit: The value of sales less expenses assuming that the sales are greater (ie. if the profit and loss account shows a credit balance).

Death Benefit:

Transitional Benefits-Plans: When an employer changes insurance carriers, transition plans enable participants already in treatment to transition to an in-network health provider. It gives the patient and their current . . . View Full Definition

Not-For-Profit: A not-for-profit organization pays taxes and may make a profit, but those profits are not distributed to its owners or members. Private clubs, sports organizations, political organizations, . . . View Full Definition