What is tax exempt status
Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be considered tax exempt, an organization must be organized and operated for religious, charitable, educational, scientific,...
What is 'Takeover Artist' An investor or company whose primary goal is to identify companies that are attractive to buy and that can be turned around to make a profit. A takeover artist will usually use a...
DefinitionTax brackets are the divisions at which tax rates change in a progressive tax system. Essentially, they are the cutoff values for taxable income — income past a certain point will be taxed at a higher rate. Tax Bracket...
Target-date funds are a type of mutual fund that is designed to meet the investment needs of a particular target date. They are often recommended for investors who want to invest in a single fund and have all their...
What is 'Tankan Survey' An economic survey of Japanese business issued by the central Bank of Japan, which it then uses to formulate monetary policy. The report is released four times a year in April, July, October...
DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be the same. Taxes can sometimes be deferred indefinitely, or may be taxed at a lower...
What is a 'Take-Home Pay' Take-home pay is the money that an employee actually receives from working after employment taxes and the cost of benefits and retirement contributions are subtracted. Take-home pay is calculated by taking the...
What is 'Tape Is Late' A situation on the trading floor where trading volume is so heavy that the real-time ticker quotes are delayed by a minute or two. When the tape is late some price or...
DefinitionTerm life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is...
What does 'Take A Bath' mean Take a bath is a slang term referring to the situation of an investor who has experienced a large loss from an investment or speculative position. Investors whose shares have declined...