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Wage and salary accruals and disbursements

Economy Term

The monetary remuneration of employees, including the compensation of corporate officers; commissions, tips, and bonuses; voluntary employee contributions to certain deferred compensation plans, such as 401(k) plans; and receipts in kind that represent income.

Accruals and disbursements differ in the treatment of retroactive payments. In the national income and product accounts (NIPAs), wage and salary accruals is the appropriate measure for gross domestic income (GDI) and wage and salary disbursements is the appropriate measure for personal income.

   
     
Related Economy Terms
                     
                     
 Advance monthly sales   CE-marked   Durable Goods  
 Affiliate   CFTC Commodity Futures Trading Commission   E-Commerce  
 Agents and Brokers   Civilian labor force   Employer Identification Number  
 ARPU   Constant Currency   Employment population ratio  
 Balance of payments   Consumer Price Index CPI   EU - European Union  
 Balance on current account   Corporate Integrity Agreement   Euro Zone  
 Balance on goods and services   Deflation   European Monetary Union  
 Bonded Warehouses Manufacturing   Direct investment   Executive Management  
 Brokers   Dividends   Exports of goods and services  
 Business sector   Drop Ship Retail   Factory Inventories  
               
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