Tandem Loan
What is 'Tandem Loan' Two loans taken out on one asset, which is usually a house; the secondary loan is normally added...
Tax And Price Index (TPI)
What is 'Tax And Price Index - TPI' A measure of the percentage that a consumer's income would have to adjust by...
Take-Out Loan
What is a 'Take-Out Loan' A type of long-term financing (usually) on a piece of real property. Long-term take-out loans replace interim...
Tax Clawback Agreement
What is a Tax Clawback Agreement A Tax Clawback Agreement is an agreement between a taxpayer and the IRS in which the taxpayer agrees to...
Take-Out Lender
What is 'Take-Out Lender' A type of financial institution that provides a long-term mortgage on property. This mortgage will replace interim financing,...
Tax Attribute
What is 'Tax Attribute' A type of loss or tax credit that must be reduced as a result of the exclusion of...
Targeted-Distribution Fund
What is 'Targeted-Distribution Fund' A mutual fund that focuses on the distribution of income and capital gains to fund holders. These funds...
Tax Credit
DefinitionA tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total...
Takeout Value
What is 'Takeout Value' The estimated value of a company if it were to be taken private or acquired. A firm's takeout...