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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Collection Ratio

Definition:

You'd think after the IRS snagged Al Capone and however many other master criminals in the name of "tax evasion," people would realize dodging the tax man is futile. Unfortunately this isn't always the case. The collection ratio measures the amount of taxes a city or government is supposed to take in versus the money they actually collect.

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