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FEDERAL SURPLUS: The difference between federal government spending and taxes when taxes are greater than spending.

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CORPORATION

A business established through ownership shares (termed corporate stock) with limited liability of company debts by the owners. A corporation is considered a distinct legal person, separate from its owners. As such, the owners have limited liability. They are only liable for the value of the ownership share and cannot be held personally responsible for any corporate debts. A corporation is one of the three basic forms of business organization. The other two are proprietorship and partnership.

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APLS

BROWN PRAGMATOX
[What's This?]

Today, you are likely to spend a great deal of time searching for rummage sales seeking to buy either a package of 4 by 6 index cards, the ones with lines or a 50 foot extension cord. Be on the lookout for deranged pelicans.
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This isn't me! What am I?

A U.S. dime has 118 groves around its edge, one fewer than a U.S. quarter.
"The past cannot be changed. The future is yet in your power. "

-- Hugh White, U.S. Senator

DARA
Decreasing Absolute Risk Aversion
A PEDestrian's Guide
Xtra Credit
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