meaning of representation expenses
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- Village Idiot. A representation allowance is a fixed monthly expense allowance instead of claiming back actual expenses. In my company, a sum (~200-300CHF) is generally paid to management-level employees each month to cover small, incidental expenses like tram tickets, coffees, etc under a certain threshold.
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expense Definition of expense: Money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. Expenses may be in the form of actual cash payments (such as wages and ...
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Expense Accounts Expense Accounts Expenses refer to costs incurred in conducting business. Technically, expenses are decreases in economic benefits during the accounting period in the form of decreases in assets or increases in liabilities that result in decreases in equity, other than those relating to distributions to equity participants.
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Legal expenses insurance Pre-paid legal service redirects here. For the company, see LegalShield. Legal expenses insurance (LEI), also known as legal protection insurance (LPI) or simply legal insurance, is a type of insurance which covers policyholders against the potential costs of legal action brought by or against the policyholder.n addition to liability insurance against certain kinds of legal liability, legal expenses insurance can also offer coverage for predictable events such as the drafting of a will or power of attorney, and simple legal advice.
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Expense, Expense Category Accounts Definition, Meaning Explained, Accounting and Budgeting Examples Direct selling expenses are expenses that can be directly linked to the sale of a specific unit such as credit, warranty and advertising expenses. Reported on the income statement, it is the sum of all direct and indirect selling expenses and all general and administrative expenses of a company. Direct selling expenses are expenses that can be directly linked to the sale of a specific unit such as credit, warranty and advertising expenses.
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Expenditures Related to Legal Proceedings Witness Fees and Expenses Reimbursement of the witness’s transportation expenses while going to and returning from the place of the hearing or proceeding, if the place is more than 25 miles from the witness’s place of residence and the witness does not use the witness’s personally owned or leased motor vehicle for the travel.
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representation 1. the act of representing, or the state of being represented. 2. the expression or designation by some term, character, symbol, or the like. 3. action on behalf of a person or group by an agent or deputy. 4. the state of being so represented. 5. a body of representatives, as of a constituency.
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- The act of writing the summary allows you to: 1  record events you may later forget. 2  evaluate your position and figure out your next steps. 3  focus your conversation with a lawyer (should you wish to consult with one) 4  launch your own legal research. 5  potentially determine the subpoena's validity.
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Expense For the row about members' expenses in the UK Parliament which started about May 2009, see United Kingdom Parliamentary expenses scandal. In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture or an automobile is often referred to as an expense.
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expense What is the meaning of Expenses? Expenses are money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. . Expenses may be in the form of actual c … ash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts). .
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Representation (arts) Representation is the use of signs that stand in for and take the place of something else. It is through representation that people organize the world and reality through the act of naming its elements.n object either (1) is immediate to a sign, and that is the object as represented in the sign, or (2) is a dynamic object, which is the object as it really is, on which the immediate object is founded.
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- Recoverable Expenses. The legislature has the power to decide what items of expense a party in a lawsuit can recover as costs. However, if the legislature does not specify which expenses can be recovered, the judge will decide what expenses are allowed as costs.
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expense Expenses are money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. . Expenses may be in the form of actual c … ash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts). . Expenses are summarized and charged in the income statement as deductions from the income before assessing income tax. .
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Representation (politics) Under representative democracy, substantive representation (in contrast to descriptive representation) is the tendency of elected legislators to advocate on behalf of certain groups. Conflicting theories and beliefs exist regarding why constituents vote for representatives.
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RIGHT OF REPRESENTATION Related Legal Terms & Definitions. IN STIRPES In the law of intestate succession. According to the roots or stocks; by representation; as…. STIPITAL Relating to stirpes, roots, or stocks. Stipital distribution of property is distribution per stirpes; that…. CAPITA Heads, and, figuratively, entire bodies, whether of persons or animals.
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REPRESENTATION REPRESENTATION, insurances. A representation is a collateral statement, either by writing not inserted in the policy, or by parol, of such facts or circumstances relative to the proposed adventure, as are necessary to be communicated to the underwriters, to enable them to form a just estimate of the risk.
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representation 2. A representation, like a warranty, may be either affirmative, as where the insured avers the existence of some fact or circumstance which may affect the risk; or promissory, as where he engages the performance of, something executory.3. There is a material difference between a representation and a warranty.4.. A representation, like a warranty, may be either affirmative, as where the insured avers the existence of some fact or circumstance which may affect the risk; or promissory, as where he engages the performance of, something executory.
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Definitions &Translations Something that seems to cost little is inexpensive. Expenses of the table are expenses of dining, refreshments, a feast, etc. In accounting, expense has a very specific meaning. It is an outflow of cash or other valuable assets from a person or company to another person or company.
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Difference Between Incurred Expenses & Paid Expenses An incurred expense is a cost that a person or business owes when receiving goods or services. In business, the phrase incurred expenses typically refers to costs incurred that have not been paid.ifference Between Incurred Expenses & Paid Expenses. Entrepreneurs often focus on creating products and services with high sales potential, but if products and services are too expensive to deliver, a company cannot be profitable. Controlling business expenses is an essential part of running a successful company.
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Ethics: Contingency Fees For Lobbyists Ethics: Contingency Fees For Lobbyists. Contingency fees are often paid to lawyers-in medical malpractice cases, for example. If a lawyer and client agree to do business on a contingency basis, the client pays no fees until the case is won, and at that time the lawyer gets a cut of the damages won.If the case is lost, the attorney receives no payment.thics: Contingency Fees For Lobbyists. Contingency fees are often paid to lawyers-in medical malpractice cases, for example. If a lawyer and client agree to do business on a contingency basis, the client pays no fees until the case is won, and at that time the lawyer gets a cut of the damages won.
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- A Buyer Representation Agreement (BRE), formerly called a Buyer-Broker Agreement, is an employment contract that spells out the duties and responsibilities of the REALTOR® to the prospective buyer, and vice versa.he form specifies that the REALTOR® who spends time to show the homes will be responsible to write up the offer when the buyer is ready to make an offer. Signing the Buyer Representation Agreement does not mean that the buyer has to buy from the homes shown if their criteria or goals have changed.
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- Funding is provided under a single appropriations heading, “Members’ Representational Allowances,” within the House account “Salaries and Expenses.” On January 6, 2011, the House agreed to H.Res. 22, which reduced each Member’s authorized level for 2011 and 2012 by 5% from the 2010 level.
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representation Definition of representation for English Language Learners. : 1  a person or group that speaks or acts for or in support of another person or group. : 2  something (such as a picture or symbol) that stands for something else. : 3  a painting, sculpture, etc., that is created to look like a particular thing or person.
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ACC/557 Midterm Exam â New expenses definition. Costs that are matched with revenues on the income statement. For example, Cost of Goods Sold is an expense caused by Sales. Insurance Expense, Wages Expense, Advertising Expense, Interest Expense are expenses matched with the period of time in the heading of the income statement. Under the accrual basis of accounting, the matching is NOT based on the date that the expenses are paid.
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Remember That âTaxation Without Representationâ Thing? Itâs Happening Again This is where we start getting a little hint of what taxation without representation means. It’s where you pay taxes that are used for something you have no say over — or representation — in. It’s happening right here in 2016 America. But this is just the tip of the taxation without representation iceberg. Oligarchy
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- coverage is occurrence coverage, the “tail” on the exposures discussed in this. article means that this issue will not go away for the foreseeable future. The issue is whether these Supplementary Payments “costs taxed” provision. afford the insured coverage for a prevailing party attorneys’ fee award in favor of. his or her adversary pursuant to a statutory or contractual prevailing party. attorneys’ fee provision. Such attorneys’ fees provisions are common to many.