Tag: definition

Tax Anticipation Bill

Tax Anticipation Bill (TAB)

What is a TAB and what are its benefits A Tax Anticipation Bill, or TAB, is a type of loan that allows taxpayers to borrow...

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...

Tandem Loan

What is 'Tandem Loan' Two loans taken out on one asset, which is usually a house; the secondary loan is normally added...

Target-Benefit Plan

DefinitionA target benefit plan is a type of pension plan that is similar to a defined contribution plan in that it involves fixed contributions,...

Term Life

DefinitionTerm Life is a 2016 American action-drama based on the graphic novel of the same name. It is directed by Peter Billingsley from a...

Takeover Bid

DefinitionTakeover Bid was a BBC Television primetime entertainment quiz programme that aired on BBC1 from 26 May 1990 until 15 July 1991. The programme...
Tax Base

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...

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...

Futures

Futures are a type of financial contract whereby an investor is obliged to buy an asset at a specified future price and date. The...

Commodity

DefinitionIn economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the...