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 — income past a certain point will be taxed at a higher rate. Tax Bracket What is a 'Tax Bracket' A tax bracket refers to a range of incomes that are subject to...
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 recommended for investors who want to invest in a single fund and have all their investment needs taken care of. In this article, we will discuss what target-date funds are, how they work, the benefits...
Tankan Survey
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 and mid-December. Explaining 'Tankan Survey' The survey covers thousands of Japanese companies with a specified minimum amount...
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 the same. Taxes can sometimes be deferred indefinitely, or may be taxed at a lower rate in the future, particularly for deferral of income taxes. It is a general fact of taxation that when taxpayers...
Take-Home Pay
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 monthly gross income and subtracting federal income tax, Social Security and Medicare contributions, any state or local income taxes, monthly...
Tape Is Late
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 volume digits will be deleted. Explaining 'Tape Is Late' The term comes from years ago when the...
Term Life Insurance
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 no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions....
Take A Bath
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 significantly are said to have taken a bath. Explaining 'Take A Bath' For example, following the technology...
Tax Base
What is a tax base and why is it important A tax base is the total value of all taxable property in a jurisdiction. This includes both real and personal property, such as homes, businesses, vehicles, and other assets. The tax base is important because it determines how much revenue a municipality can generate through taxation. For example, if the...
Take A Flier
What is a flier and how can it be used to promote my business A flier is a printed piece of marketing collateral that is used to promote a business, product, or event. While there are many different ways to design a flier, they all share the common goal of generating interest and getting people to take action. For businesses,...