Tag: definition

Tax Evasion

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

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...

Tainted Alpha

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

Target Risk Fund

What is 'Target Risk Fund' A fund that attempts to expose its investors to a specified amount of risk. The fund manager...

Impairment

What is 'Impairment' Impairment is an accounting principle that describes a permanent reduction in the value of a company's asset, normally a...

How to Account For Goodwill

When determining how much goodwill a company possesses, there are several factors that must be considered. These factors include the measurement of goodwill, the...

Par Value

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

Correlation

Financial Correlation basically measures the relationship between the changes occurring in two or more variables at the same time. Correlation plays a major role...

Above Par

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

Recession

What is a recession and how does it affect the average person A recession is a period of economic decline in which trade and investment...