Deduction of fines and penalties. Valuation of inventory; Operating losses and prior yearsâ taxes; Apprenticeship job creation tax credit; Investment tax credit (ITC) for childcare spaces; To incorporate or not to incorporate; Incorporating your professional practice; The small business deduction; Capital tax; Associated-company rules
The definition of finite is something that has a limit that can't be exceeded. An example of finite is the number of people who can fit in an elevator at the same time. 1  having measurable or definable limits; not infinite.  Gram. having limits of person, number, and tense: said of a verb that can be used in a predicate.
Answers. Best Answer: bounded is referring to the fact that it is finite. and it makes sense since on an infinite set you might not ever find an absolute max/min since some where some how you might find a larger/smaller value.