Tag: finance

Tax Efficiency

Definition A financial process is said to be tax efficient if it is taxed at a lower rate than an alternative financial process that achieves...

Tape Is Late

What is 'Tape Is Late' A situation on the trading floor where trading volume is so heavy that the real-time ticker quotes...

Take-Home Pay

What is a 'Take-Home Pay' Take-home pay is the money that an employee actually receives from working after employment taxes and the...

Tax Deferred

DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be...
Target-Date Fund

Target-Date Fund

Target-date funds are a type of mutual fund that is designed to meet the investment needs of a particular target date. They are often...

Tax Bracket

DefinitionTax brackets are the divisions at which tax rates change in a progressive tax system. Essentially, they are the cutoff values for taxable income...

Takeover Artist

What is 'Takeover Artist' An investor or company whose primary goal is to identify companies that are attractive to buy and that...
Tax exempt

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...

Tax Drag

What is 'Tax Drag' The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually...

Tax Expense

DefinitionA company's tax expense, or tax charge, is the income before tax multiplied by the appropriate tax rate. Generally, companies report income before tax...