Tag: corporate

DefinitionThe Glass–Steagall legislation describes four provisions of the U.S.A Banking Act of 1933 separating commercial and investment banking. The article 1933 Banking Act describes...

What is 'General Business Tax Credit' The total value of all the individual credits to be applied against income on a tax...

What is 'Tax Arbitrage' The practice of profiting from differences between the way transactions are treated for tax purposes. The complexity of...

What is a tangible asset A tangible asset is an asset with a physical form. Tangible assets include both fixed assets, such as buildings and...

DefinitionTax evasion is the illegal evasion of taxes by individuals, corporations, and trusts. Tax evasion often entails taxpayers deliberately misrepresenting the true state of...

What is 'Tainted Alpha' An alpha return that cannot be attributed solely to the money manager due to consequential beta exposure. Tainted...

What is 'Tax Court' A specialized court of law that hears and adjudicates tax-related disputes and issues. The tax court in the...

DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....

What is 'Above Par' A term used to describe the price of a security when it is trading above its face value....

What is a 'Sample' A sample is a subset containing the characteristics of a larger population. Samples are used in statistical testing...