Tag: government
Tax Court
What is 'Tax Court' A specialized court of law that hears and adjudicates tax-related disputes and issues. The tax court in 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....
Takeout
DefinitionTake-out or takeout; carry-out; take-away, takeaways, parcel, refer to prepared meals or other food items, purchased at a restaurant, that the purchaser intends to...
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...
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
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...
Taking The Street
What is 'Taking The Street' A slang phrase referring to the hedge fund tactic of buying large amounts of a particular stock...