Combat Pay

Combat Pay Guide – Meaning – Tax Benefits – Where it Applies

What Is Combat Pay? Combat pay or imminent danger pay is a bonus to military personnel in addition to their regular military salary when they are deployed to a combat zone. It is a tax-exempt monthly stipend.  The bonus is paid to active members of the U.S. armed services when […]

Spillover Effect

Spillover Effect: Definition – Overview – Types – Example

What Is the Spillover Effect? The spillover effect in economics refers to the effect on a country’s economy from unrelated events happening in another country. The effect refers to the impact that seemingly unrelated events in one nation can have on the economies of other nations. There are positive spillover […]

Littoral Rights

Littoral Rights – What are Littoral Rights vs Riparian Rights?

What are Littoral Rights? Littoral rights refer to the legal use and enjoyment of the shoreline for land that borders a pooled body of water like a pond, lake, or sea. Littoral land refers to land that borders a pooled body of water, such as a lake, ocean, or sea.  […]

traunch

Traunch: What is Traunch – Definition – Explanation – Example

What Is a Traunch? A Traunch is one portion in a series of allotments or payments.  Usually, for a specific purpose with measured objectives required for future payments A traunch is one of a series of payments or allotments scheduled to be paid out over a specified period.  Future payments […]

Treasury Stock Method

Treasury Stock Method – Explanation – Calculation – Example

What Is the Treasury Stock Method? The Treasury stock method is used to compute the number of new company shares that can be created from existing in-the-money warrants or options. The treasury stock method is an accounting procedure.  Companies use it to compute the number of new shares they can […]

GWACS

GWACs – What are Government-Wide Acquisition Contracts?

GWACs – What are Government-Wide Acquisition Contracts? GWACs are government-wide acquisition contracts.  They let government agencies align their needs and jointly purchase contracts for goods and services.  With GWACs, multiple government agencies can align their needs and purchase a contract for goods or services. As a result, GWACs allow for […]