Taxable Earnings: The amount of an individual's annual income on which tax is payable defined as: Taxable earnings = Income - Reliefs - AllowancesThird PartyA third party is the person who claims against an insured person when loss or damage to property or injury has occurred as a result of the insured person's negligence.TrusteeA trustee is the person who claims against an insured person when loss or damage to property or injury has occurred as a result of the insured person's negligence.

 

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Taxable Earnings: The amount of an individual's annual income on which tax is payable defined as: Taxable earnings = Income - Reliefs - AllowancesThird PartyA third party is the person who claims against an i . . . View Full Definition

Price-Earnings Ratio: Shows the multiple of earnings at which a stock sells. Determined by dividing current stock price by current earnings per share (adjusted for stock splits). Earnings per share for the P/E ra . . . View Full Definition

Pre-Tax Earnings Or Profits: Net income before federal income taxes are subtracted.

Price-Earnings Ratio (P-E): The market value of a company's stock divided by net income.