Tag: general
General Provisions
What are 'General Provisions'
General provisions are balance sheet items representing funds set aside by a company as assets to pay for anticipated future losses....
General Ledger
DefinitionA general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses. In modern accounting...
General Manager
Becoming a general manager is no easy task. It takes years of experience and hard work to even be considered for the job. But...
General Agreement On Tariffs And Trade
DefinitionGeneral Agreement on Tariffs and Trade was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or...
General Agreements To Borrow (GAB)
What is 'General Agreements To Borrow - GAB' A borrowing/lending medium for members of the Group of Ten. Members of the lending...
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...
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...
Tax Avoidance
DefinitionTax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax...
Targeted-Distribution Fund
What is 'Targeted-Distribution Fund' A mutual fund that focuses on the distribution of income and capital gains to fund holders. These funds...