Tax Break

Definition A tax break is any thing that allows you to avoid paying taxes, such as a tax exemption, a tax deduction, or a tax...

Tap Issue

What is a 'Tap Issue' A tap issue is a procedure that allows borrowers to sell bonds or other short-term debt instruments...

Tax Expense

DefinitionA company's tax expense, or tax charge, is the income before tax multiplied by the appropriate tax rate. Generally, companies report income before tax...

Tax Drag

What is 'Tax Drag' The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually...
Tax exempt

Tax Exempt

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...

Takeover Artist

What is 'Takeover Artist' An investor or company whose primary goal is to identify companies that are attractive to buy and that...

Tax Bracket

DefinitionTax brackets are the divisions at which tax rates change in a progressive tax system. Essentially, they are the cutoff values for taxable income...
Target-Date Fund

Target-Date Fund

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...

Tankan Survey

What is 'Tankan Survey' An economic survey of Japanese business issued by the central Bank of Japan, which it then uses to...

Tax Deferred

DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be...