Tag: businesses
Fair Weather Fund
What is a 'Fair Weather Fund'?
A fair weather fund is a type of investment fund that tends to perform well during periods of economic...
What is Working Capital?
DefinitionWorking capital is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities. Along with working...
Wal-Mart Effect
What is 'Wal-Mart Effect' The economic impact felt by local businesses when a large firm such as Wal-Mart opens a location in...
Gazelle Company
What is 'Gazelle Company' A high-growth company that is increasing its revenues by at least 20% annually for four years or more,...
Garage Liability Insurance
What is Garage Liability Insurance and why do you need it
Garage liability insurance is a type of insurance specifically for businesses that offer automotive...
General Business Tax Credit
What is 'General Business Tax Credit' The total value of all the individual credits to be applied against income on a tax...
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 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...
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 Accounting
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...