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Per Diem

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Per Diem is a Latin term meaning "per day" and is commonly used in business and employment contexts to refer to a daily allowance or fixed amount of money provided…
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Penetration Rate

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Penetration Rate is a metric used to measure the extent to which a product, service, or brand has been adopted by a target market or population. It indicates the percentage…
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Payroll Service Provider

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A Payroll Service Provider is a third-party company that manages various payroll-related tasks on behalf of a business, such as calculating employee wages, withholding taxes, and processing payroll. These providers…
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Payroll Funding

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Payroll Funding is a financial service that provides businesses with the necessary capital to meet their payroll obligations, especially when they face cash flow challenges. It is commonly used by…
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Pay Rate

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Pay Rate refers to the amount of money an employee earns per unit of time or output. It is the basis for calculating an employee’s earnings and can be expressed…
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Operating Margin

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Operating Margin is a key financial metric that measures the percentage of revenue that remains as operating profit after all operating expenses have been deducted. It reflects a company’s efficiency…
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Operating Income/Operating Profit

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Operating Income, also known as Operating Profit, is a key financial metric that measures the profitability of a company's core business activities, excluding non-operating expenses such as interest and taxes.…
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Middle Office

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The Middle Office is a critical component of a financial services firm, particularly in investment banks, asset management companies, and hedge funds. It serves as the bridge between the front…
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