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vat

vat

  • n  a tax levied on the difference between a commodity's price before taxes and its cost of production
  • n  a large open vessel for holding or storing liquids

  • Before he began experimenting with a vat of oil and oodles of noodles in the 1950s, Ando had dabbled unsuccessfully in business ventures ranging from salt to prefab houses.
  • According to Monticciolo, it was Brusca himself who finally strangled the boy with his bare hands, then threw the body into a vat of acid to destroy the evidence.
  • In 1978 dip-vat designs were very poor.
News & Articles

  • Hennes & Mauritz May Sales Including VAT Rises 9% In Local Currencies
    Hennes & Mauritz May Sales Including VAT Rises 9% In Local Currencies
    June 12, 2013 - Nasdaq
  • H & M Hennes & Mauritz AB: Sales Development in May and the Second Quarter 2013
    STOCKHOLM--(BUSINESS WIRE)--Regulatory News: H & M Hennes & Mauritz AB (STO:HMB): In May 2013, H&M Group total sales including VAT in local currencies increased by 9 percent compared to the same month the previous year. Sales in comparable units were flat. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year ...
    June 12, 2013 - Business Wire
  • Financial Repression Making Serfs Of The Masses
    Financial repression is the technique whereby governments extract wealth from the private sector and siphon it to themselves. To the unsophisticated it is invisible. Crudely, a government makes it impossible to get a fair return for private sector capital and by doing so channels resources to itself on the cheap. A financially repressive state, led by such a government, will have an inflation ...
    June 11, 2013 - Forbes

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