Duty

Dictionary Says

Definition of 'Duty'

1. A tax levied on certain goods, services or transactions. Duties are enforceable by law and are imposed on commodities or financial transactions, instead of individuals.

2. The obligation of a person in authority, such as a fiduciary, to fulfill the responsibilities of his or her position.
Investopedia Says

Investopedia explains 'Duty'

1. Duties may be revoked in certain situations, such as an airport's duty-free shop. At a duty-free shop, commodities that are usually taxed, like cigarettes and alcohol, will not have a duty levied on them. Foreign visitors will then be able to purchase the goods at a lower price compared to domestic citizens. 

2. The chief executive officer of a company has a fiduciary duty to the company's shareholders. This means that any course of action the CEO takes should be in the best interested of the shareholders.
Search results for

'Duty'

  • Making Money At The Duty-Free Shop

    http://stocks.investopedia.com/stock-analysis/2009/Making-Money-At-The-Duty-Free-Shop-DEO-BF.B-FO-CEDC-STZ1103.aspx
    ... Making Money At The Duty-Free Shop. ... By the end of the scene, Kramer is singing about
    stopping at the duty-free shop. It's the usual stuff about nothing. ...
  • A Heavy-Duty Lift from Chinese Growth

    http://stocks.investopedia.com/stock-analysis/moneyshow/AHeavy-DutyLiftfromChineseGrowth.aspx
    ... Article; Comments (0). A Heavy-Duty Lift from Chinese Growth.
    Posted: Jun 29, 2011 07:05 AM by MoneyShow.com. ...
  • Cummins Keeps It Coming

    http://stocks.investopedia.com/stock-analysis/2011/Cummins-Keeps-It-Coming-CMI-CAT-JOYG-CNH-F-ETN-TTM0802.aspx
    ... Heavy Duty Moves to the Front Cummins has not had the most consistent results
    within its engines business. For this quarter, though ...
  • Master The Art Of Negotiation

    http://www.investopedia.com/articles/pf/07/negotiation_tips.asp
    Learn the strategies that will help you to come out on top in any negotiation.
  • Are You Trying To Get Sued?!

    http://www.investopedia.com/articles/financialcareers/09/are-you-trying-to-get-sued.asp
    ... Adhering to Fiduciary Duty and Acting in the Best Interest of the Client When a
    company takes on a new client or shareholder, there are significant fiduciary ...
  • Video Gaming Sees Light Of Day

    http://stocks.investopedia.com/stock-analysis/2010/Video-Gaming-Sees-Light-Of-Day-NTDOY-PSE-ATVI-MSFT-TTWO1129.aspx
    ... was on a roll in 2008 as well, selling more than 7.2 million copies from its "Guitar
    Hero" series on top of 11.8 million copies from its "Call of Duty" series. ...
  • Can Oshkosh Keep On Truckin'?

    http://stocks.investopedia.com/stock-analysis/2010/Can-Oshkosh-Keep-On-Truckin-OSK-NAV-FSS-TEX-HTZ0804.aspx
    Wall Street is expecting very little out of this heavy duty truck builder; so little
    that outperformance could mean sizable gains for patient investors. ...
  • Cummins Comes On Strong

    http://stocks.investopedia.com/stock-analysis/2010/Cummins-Comes-On-Strong-CMI-TTM-DCI-CAT-ARM0428.aspx
    ... What makes this more interesting is that the heavy-duty truck market is still on
    its back, at least in the US Revenue from heavy-duty truck engines was down 36 ...
  • Series 65 Study Guide - Conflicts of Interest - Anti-fraud ...

    http://www.investopedia.com/exam-guide/series-65/conflicts-of-interest/anti-fraud-provisions-fiduciary-duties.asp
    ... The anti-fraud provisions of the Investment Advisers Act of 1940 and Uniform Securities
    Act impose a duty on IAs to act as fiduciaries in dealing with clients ...
  • Can China Yuchai Rev Up Your Portfolio?

    http://stocks.investopedia.com/stock-analysis/2011/Can-China-Yuchai-Rev-Up-Your-Portfolio--CYD-CMI-CAT-F-GM-HMC0401.aspx
    ... While pricing was strong in general, the company also benefited from an going migration
    towards heavy-duty engines making up a larger portion of the sales mix. ...

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