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Meaning / Definition of

Hours Worked, Number

Categories: Economics,

Statistics on the number of hours worked should include: - hours actually worked during normal hours of work; - time worked in addition to hours worked during normal periods of work, and generally paid at higher than normal rates (overtime); - time spent at the place of work on work such as preparation of the work place, repairs and maintenance, preparation and cleaning of tools, and the preparation of receipts, time sheets and reports; - time spent at the place of work waiting or standing by for such reasons as lack of supply of work, breakdown of machinery, or accidents, or time spent at the place of work during which no work is done but for which payment is made under a guaranteed employment contract; - time corresponding to short rest periods at the work place, including tea and coffee breaks. Statistics of hours worked should exclude: - hours paid for but not worked, such as paid annual leave, paid public holidays, paid sick leave; - meal breaks; - time spent on travel from home to work and vice versa.

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Definition / Meaning of

Distribution

Categories: Stocks, Fundamental Analysis, Operation and Production, Legal, ,

A distribution is money a mutual fund pays its shareholders either from the dividends or interest it earns or from the capital gains it realizes on the sale of securities in its portfolio. Unless you own the fund through a tax-deferred or tax-free account, you owe federal income tax on most distributions, the exception being interest income from municipal bond funds. That tax is due whether or not you reinvest the money to buy additional shares in the fund.You'll owe tax at your regular rate on short-term gains and on income from interest. The tax on qualifying dividends and long-term gains is calculated at your long-term capital gains rate. Your end-of-year statement will indicate which income belongs to each category. The term distribution is also used to describe certain actions a corporation takes. For example, if a corporation spins off a subsidiary as a standalone company, it will issue shares in that subsidiary to current stockholders. That's considered a distribution. Corporate dividends may also be described as distributions.

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