What is 'Takeout Value' The estimated value of a company if it were to be taken private or acquired. A firm's takeout value considers various metrics, such as cash flows, assets, earnings and multiples used in similar...
What is 'Take-Out Commitment' A specific type of mortgage purchase agreement. Under a take-out commitment, a long-term investor agrees to buy a mortgage from a mortgage banker at a specific date in the future. Take-out commitments are...
What is a 'Tangible Book Value Per Share - TBVPS' A tangible book value per share (TBVPS) is a method of valuing a company on a per-share basis by measuring its equity after removing any intangible assets,...
What is 'Tax Anticipation Note - TAN' A short-term debt security issued by a state or local government to finance an immediate project that will be repaid with future tax collections. State and local governments use tax...
What is 'Taiwan Stock Exchange (TAI) .TW' The securities trading center in Taiwan. The Taiwan Stock Exchange (TWSE) was established in 1961 and began operations in February 1962. Its listed securities include stocks, government bonds, convertible bonds,...
What is a tax cheat and why do they do it
A tax cheat is someone who doesn't pay their taxes, or who pays less than they owe. There are a variety of reasons why people might cheat on their...
DefinitionU.S. tax accounting refers to accounting for tax purposes in the United States. Unlike most countries, the United States has a comprehensive set of accounting principles for tax purposes, prescribed by tax law, which are separate and distinct from...
Definition"Tatra Tiger" is a nickname that refers to the economy of Slovakia in period 2002 – 2007 and after 2010 following the ascendance of a right-wing coalition in September 2002 which engaged in a program of liberal economic reforms....
Taiwan OTC Exchange (TWO) .TWO What is the 'Taiwan OTC Exchange (TWO) .TWO ' The Taiwan OTC Exchange (TWO) is an alternative securities exchange in Taiwan with listing criteria that are lower than those of the Taiwan...
DefinitionIn economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price...