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Contribution

Money placed in an individual retirement account (IRA), an employer-sponsored retirement plan, or other retirement plan for a particular tax year. Contributions may be deductible or nondeductible, depending on the type of account.

Contribution

Money placed into an annuity or retirement account. Most of the time, contributions are small and are made on a regular basis, especially monthly. Occasionally, however, one may make a large, one-time contribution to purchase the annuity or retirement account. Contributions are combined and invested and, along with any earnings, are eventually repaid to the annuitant or account holder in monthly installments.
Contributionclick for a larger image
Fig. 26 Contribution. Output and sales of chairs.

contribution

the difference between SALES REVENUE and VARIABLE COSTS. If total contributions are just large enough to cover FIXED COSTS then the producer BREAKS EVEN; if contributions are less than fixed costs the producer makes a LOSS; while if contributions exceed fixed costs then the producer makes a PROFIT. Fig. 26 shows how contributions provide a fund out of which total fixed costs must be paid before any profit is made. See MARGINAL COSTING.

contribution

the difference between a product's SALES REVENUE and its VARIABLE COSTS. If total contributions are just large enough to cover FIXED COSTS then the producer BREAKS EVEN; if contributions are less than fixed costs, the producer makes a LOSS; while if contributions exceed fixed costs then the producer makes a PROFIT. See LOSS MINIMIZATION, MARGINAL COST PRICING.

contribution

(1) An appraisal principle that says the value of an improvement is the amount it adds to the value of the property as a whole,not the value of the improvement standing alone in a void. A backyard workshop in a prestigious neighborhood might not add any value at all and could be considered an eyesore detracting from value, but might be worth $10,000 in a different neighborhood.(2) A legal principle holding that if a judgment is collected against one who was held guilty of negligence,assault,defamation,fraud,or some other tort,then that person may obtain a contribution from others against whom the same judgment was rendered, for their proportionate share of the judgment.Likewise,persons jointly liable for a debt,such as partners or cotenants,are responsible to pay their share to the other if one pays the entire amount.

References in classic literature ?
It contributes greatly towards a man's moral and intellectual health to be brought into habits of companionship with individuals unlike himself, who care little for his pursuits, and whose sphere and abilities he must go out of himself to appreciate.
For it is plain, that every word we speak is, in some degree, a diminution of our lunge by corrosion, and, consequently, contributes to the shortening of our lives.
Their feeling of brotherhood, however, was strong enough to induce them to contribute a mutual aid in building a rude hut of branches, and kindling a great fire of shattered pines, that had drifted down the headlong current of the Amonoosuck, on the lower bank of which they were to pass the night.
After all, thought Julia, if noble and commanding qualities are necessary to excite admiration or to command respect, familiar virtues induce us to love more tenderly, and good temper is absolutely necessary to contribute to our comfort.
How little do some of these poor islanders comprehend when they look around them, that no inconsiderable part of their disasters originate in certain tea-party excitements, under the influence of which benevolent-looking gentlemen in white cravats solicit alms, and old ladies in spectacles, and young ladies in sober russet gowns, contribute sixpences towards the creation of a fund, the object of which is to ameliorate the spiritual condition of the Polynesians, but whose end has almost invariably been to accomplish their temporal destruction!
Her reception was as cordial and frank as the manners of the country and the value of good society could render it; the two young women feeling, instantly, that they were necessary to the comfort of each other, The Judge, to whom the clergyman’s daughter was also a stranger, was pleased to find one who, from habits, sex, and years, could probably contribute largely to the pleasures of his own child, during her first privations on her removal from the associations of a city to the solitude of Templeton; while Elizabeth, who had been forcibly struck with the sweetness and devotion of the youthful suppliant, removed the slight embarrassment of the timid stranger by the ease of her own manners.
Even in 1844, when his literary reputation was established securely, he wrote to a friend expressing his pleasure because a magazine to which he was to contribute had agreed to pay him $20 monthly for two pages of criticism.
Therefore for all persons to say the same thing was their own, using the word all in its distributive sense, would be well, but is impossible: in its collective sense it would by no means contribute to the concord of the state.
But you will contribute something to the campaign fund to assist in your election, will you not?
Such a poetry could not be permanently successful, because the subjects of which it treats -- if susceptible of poetic treatment at all -- were certainly not suited for epic treatment, where unity of action which will sustain interest, and to which each part should contribute, is absolutely necessary.
Unity means that everything included in the work ought to contribute directly or indirectly to the main effect.
With reflections of this nature she usually, as has been hinted, accompanied every act of compliance with her brother's inclinations; and surely nothing could more contribute to heighten the merit of this compliance than a declaration that she knew, at the same time, the folly and unreasonableness of those inclinations to which she submitted.