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Happy hour

Happy hour is a marketing term for a time when venue offers discounts on alcoholic drinks. Free appetizers and discounted menu items are often served during happy hour.

Kids' meal

The kids meal or childrens meal is a fast food combination meal tailored to and marketed to children. Most kids meals come in colourful bags or cardboard boxes with depictions of activities on the bag or box and a plastic toy inside. Most standar ...

Maitre d'hotel

The maitre dhotel ; French for master of the house), head waiter, host, waiter captain, or maitre d manages the public part, or "front of the house", of a formal restaurant. The responsibilities of a maitre dhotel generally include supervising th ...

Meat and three

In the cuisine of the Southern United States, a meat and three restaurant is one where the customer picks one meat from a daily selection of three to six choices and three side dishes from a list that may include up to a dozen other options. A me ...

Omakase

The phrase "omakase" is most commonly used when dining at Japanese restaurants where the customer leaves it up to the chef to serve seasonal specialties. The Japanese antonym for "omakase" is "okonomi," which means you are choosing what to order. ...

On the fly

On the fly is a phrase used to describe something that is being changed while the process that the change affects is ongoing. It is used in the automotive, computer, and culinary industries. In cars, on the fly can be used to describe the changin ...

One bowl with two pieces

One bowl with two pieces is a slang term that has long been in the vernacular of Hong Kong tea culture, meaning "a bowl of tea with two dim sum". In the past, tea was not offered in a present-day teapot but in a bowl, in Cantonese restaurants. Di ...

Pastry chef

A pastry chef or patissier, is a station chef in a professional kitchen, skilled in the making of pastries, desserts, breads and other baked goods. They are employed in large hotels, bistros, restaurants, bakeries, and some cafes.

Plate lunch

The plate lunch is a quintessentially Hawaiian meal, roughly analogous to Southern U.S. meat-and-threes. However, the pan-Asian influence on Hawaiian cuisine, and its roots in the Japanese bento, make the plate lunch unique to Hawaii. Standard pl ...

Platter (dinner)

A platter is a meal or course served on a platter. In restaurant terminology, a platter is often a main dish served on a platter with one or more side dishes, such as a salad or french fries. Notable platters includes the Colombian bandeja paisa, ...

Restaurant

A restaurant), or an eatery, is a business that prepares and serves food and drinks to customers. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services. Restaurants vary greatly ...

Restaurant ware

Restaurant ware, or most commonly hotelware is vitrified, ceramic tableware which exhibits high mechanical strength and is produced for use in hotels and restaurants. Tableware used in railway dining cars, passenger ships and airlines are also in ...

Saucier

For people with the surname, see Saucier surname. A saucier or saute chef is a position in the classical brigade style kitchen. It can be translated into English as sauce chef. In addition to preparing sauces, the saucier prepares stews, hot hors ...

Sous-chef

A sous-chef de cuisine is a chef who is "the second in command in a kitchen; the person ranking next after the executive chef." Consequently, the sous-chef holds much responsibility in the kitchen, which can eventually lead to promotion to becomi ...

Table d'hote

In restaurant terminology a table dhote menu is a menu where multi-course meals with only a few choices are charged at a fixed total price. Such a menu may be called prix fixe. The terms set meal and set menu are also used. The cutlery on the tab ...

Table reservation

A table reservation is an arrangement made in advance to have a table available at a restaurant. While most restaurants in the vast majority of the world do not require a reservation, and some do not have a policy or simply any channel for making ...

Table sharing

Table sharing is the practice of seating multiple separate parties who may not know each other at a single restaurant table.

Taco Tuesday

Taco Tuesday is a custom in many US cities of going out to eat tacos or in some cases select Mexican dishes typically served in a tortilla on Tuesday nights. Restaurants will often offer special prices, for example, Taco Tuesday is a custom in ma ...

Take-out

A take-out or takeout ; carry-out or to-go ; take-away ; takeaways ; and parcel is a prepared meal or other food items, purchased at a restaurant or fast food outlet that the purchaser intends to eat elsewhere. A concept found in many ancient cul ...

Three-martini lunch

The three-martini lunch or noontime three-martini is a term used in the United States to describe a leisurely, indulgent lunch enjoyed by businesspeople or lawyers. It refers to a common belief that many people in the above-mentioned professions ...

Types of restaurants

Restaurants fall into several industry classifications, based upon menu style, preparation methods and pricing, as well as the means by which the food is served to the customer.

Value meal

A value meal is a group of menu items at a restaurant offered together at a lower price than they would cost individually. They are common at fast food restaurants. A typical value meal includes a main dish, a side dish and a soft drink. Value me ...

Olio (musical number)

An olio is a vaudeville number, a short dance or song, or a set of same, performed as an encore after the performance of a dramatic play. It can also be defined as a collection of various artistic or literary works or musical pieces used between ...

A-share (mainland China)

A shares, also known as domestic shares are shares that denominated in Renminbi and traded in the Shanghai and Shenzhen stock exchanges, as well as the National Equities Exchange and Quotations. This is contrast to B shares that are denominated i ...

B-share (mainland China)

B shares on the Shanghai and Shenzhen stock exchanges refers to those that are traded in foreign currencies. Shares that are traded on the two mainland Chinese stock exchanges in Renminbi, the currency in mainland China, are called A shares.

Common stock

Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently in other parts of the world; "common stock" being primarily used in the United States. They are known as ...

G share

G shares refers to shares traded in the stock exchanges of mainland China that belong to companies that have accomplished stock right division reforms, and have regained business on the market. Owing to the provisional designation of the letter " ...

Green chip

Green chip are stocks in a companies in "green" or environmentally friendly industries or that operate in a socially responsible manner. It is a play on term blue chip stocks with the word "green" representing eco investing or more broadly social ...

H share

H shares refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese stock exchanges ...

Initial public offering

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors. An IPO is underwritten by one or more investment banks, who also arran ...

L share

L-Shares refers to Chinese companies listed on the London Stock Exchange. The listed companies are incorporated in the Cayman Islands, Bermuda, British Virgin Islands and Jersey, but they have their main business operations in mainland China. The ...

Long (finance)

In finance, a long position in a financial instrument means the holder of the position owns a positive amount of the instrument. The holder of the position has the expectation that the financial instrument will increase in value. This is known as ...

N-Shares

N-Shares refers to Chinese companies listed on the NYSE, NASDAQ, or the NYSE MKT. The term stands for New York. They may or may not be incorporated in China, but they have their main business operations in mainland China. Most of them are incorpo ...

P chip

The term P chip refers to Chinese companies listed on the Hong Kong Stock Exchange which are incorporated in the Cayman Islands, Bermuda and the British Virgin Islands with operations in mainland China, and are run by private sector Chinese busin ...

Red chip

Red chips stocks are the stocks of mainland China companies incorporated outside mainland China and listed in Hong Kong. These businesses are based in mainland China and controlled, either directly or indirectly, by the central, provincial or mun ...

S chip

S chips are Chinese companies listed on the Singapore Exchange. Their shares are known as S shares. S chips are incorporated in Singapore, the British Virgin Islands, the Cayman Islands and Bermuda and have their business operations in mainland C ...

Treasury stock

A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market. Stock repurchases are used as a tax efficient method to put cash into shareholders hands, rath ...

Adjusted gross income

In the United States income tax system, adjusted gross income is an individuals total gross income minus specific deductions. Taxable income is adjusted gross income minus allowances for personal exemptions and itemized deductions. For most indiv ...

Alternative minimum tax

The alternative minimum tax is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about.2 billion, or 0.4% of all federal i ...

Amount realized

Amount realized, in US federal income tax law, is defined by section 1001 of Internal Revenue Code. It is one of two variables in the formula used to compute gains and losses to determine gross income for income tax purposes. The excess of the am ...

Botswana Unified Revenue Service

Botswana Unified Revenue Service is the revenue service and a government parastatal of the Botswana government. BURS is responsible for collecting taxes and administering the BURS Act. The duties of the BURS include providing tax assistance to ta ...

Cancellation of Debt (COD) Income

Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as COD Income. According to the Internal Revenue Code, the discharge of indebtedness must be included in a taxpayers gross income. There are e ...

Capital asset

A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangi ...

Capital loss

The IRS states that "If your capital losses exceed your capital gains, the excess can be deducted on your tax return." Limits on such deductions apply. Special wash sale rules apply if the same or substantially similar asset is bought, acquired, ...

Cess

Cess is a tax. It is usually known as tax on tax. The term is a shortened form of "assess". The spelling is due to a mistaken connection with census. It was the official term used in Ireland when it was part of the United Kingdom of Great Britain ...

Child tax credit

A child tax credit is a tax credit available in some countries, which depends on the number of dependent children in a family. The credit may depend on other factors as well, such as income level. For example, in the United States only families m ...

Constructive receipt

For federal income tax purposes, the doctrine of constructive receipt is used to determine when a cash-basis taxpayer has received gross income. A taxpayer is subject to tax in the current year if he or she has unfettered control in determining w ...

Cost basis

Basis, as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold, the taxpayer pays/ taxes on a capital gain/ that equals the amount realized on the sale minus the sold pr ...

Depreciation recapture (United States)

Depreciation recapture is the USA Internal Revenue Service procedure for collecting income tax on a gain realized by a taxpayer when the taxpayer disposes of an asset that had previously provided an offset to ordinary income for the taxpayer thro ...

Direct tax

Though the actual definitions vary between jurisdictions, in general, a direct tax is a tax imposed upon a person or property as distinct from a tax imposed upon a transaction, which is described as an indirect tax. The term may be used in econom ...