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Deferred tax is a notional asset or liability to reflect corporate income taxation on a basis that is the same or more similar to recognition of profits than the taxation treatment. Deferred tax liabilities can arise as a result of corporate taxation treatment of capital expenditure being more rapid than the accounting depreciation treatment ...
The sound of the bat hitting the ball. The term is used in baseball to mean "immediately, without hesitation". For example, a baserunner may start running "on the crack of the bat", as opposed to waiting to see where the ball goes. Outfielders often use the sound of bat-meeting-ball as a clue to how far a ball has been hit.
The Co-operative Bank p.l.c. [1] is a British retail and commercial bank based in Manchester, England. Established as a bank for co-operators and co-operatives following the principles of the Rochdale Pioneers , the business evolved in the 20th century into a mid-sized British high street bank, operating throughout the UK mainland.