Correlation
Financial Correlation basically measures the relationship between the changes occurring in two or more variables at the same time. Correlation plays a major role...
Par Value
DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....
How to Account For Goodwill
When determining how much goodwill a company possesses, there are several factors that must be considered. These factors include the measurement of goodwill, the...
Impairment
What is 'Impairment' Impairment is an accounting principle that describes a permanent reduction in the value of a company's asset, normally a...
Realized Gain
What is a 'Realized Gain'
A realized gain is the consequence of selling an asset at a price that is greater than the price at...
Tax Court
What is 'Tax Court' A specialized court of law that hears and adjudicates tax-related disputes and issues. The tax court in the...
Target Risk Fund
What is 'Target Risk Fund' A fund that attempts to expose its investors to a specified amount of risk. The fund manager...
Tainted Alpha
What is 'Tainted Alpha' An alpha return that cannot be attributed solely to the money manager due to consequential beta exposure. Tainted...
Tangible Personal Property
What is 'Tangible Personal Property' Tangible personal property is a tax term describing personal property that can be physically relocated, such as...
Tax Equity And Fiscal Responsibility Act Of 1982 (TEFRA)
What is 'Tax Equity And Fiscal Responsibility Act Of 1982 - TEFRA' Federal tax legislation passed in 1982 that modified some aspects...