What does FR stand for?

The foregone revenues from smuggled oil account for roughly half of the estimated P60 billion to P65 billion losses set by government for all smuggled goods entering the country.

But before we equate foregone revenue to social costs, we must ask who gets the money that is now foregone and how they are spending it.

At roughly 20 cents a page, the giveaway amounted to some $200,000 in foregone revenue.

2c - Analyze Tax and Fee Exemptions Description A government should periodically estimate the impacts and potential foregone revenue as a result of policies that exempt from payment, provide discounts and credits, or otherwise favor particular categories of taxpayers or service users.

the estimated cost of lost or foregone revenue that could have been generated with the machine had it been used for diagnostic studies, as opposed to the biopsy procedure).

Although the earnings and cash flow effect of this suspension is more readily definable in the short-term (an immediate correlation between revenue, earnings, and cash flow), the long-term effect, though material, is expected to be somewhat mitigated by expense control initiatives and potentially the replacement of some of the foregone revenue from insurance companies being replaced by client fee revenue.

7 billion in new spending or foregone revenue over three years.

The lack of price flexibility in royalty rates--automatic adjustment of these rates to changes in oil and gas prices or other market conditions--and the inability to change fiscal terms on existing leases have put pressure on Interior and the Congress to change royalty rates in the past on an ad hoc basis with consequences that could amount to billions of dollars of foregone revenue.