Public Economics

Fiscal
Pertaining to public finance and financial transactions; relating to the public treasury.
Incidence of Tax
Incidence of tax refers to the analysis of the effect of a particular tax on the distribution of economic welfare. In simple terms, it identifies who ultimately bears the 'burden' of paying the tax.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.