Tag: rate

What is a 'Tax Benefit' A tax benefit is an allowable deduction on a tax return intended to reduce a taxpayer's burden...

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...

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

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

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

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...

Understanding TIPS Treasury Inflation Protected Securities (TIPS) is a low risk investment which is backed by the U.S government and aims to protect investors...

By definition, a teaser loan, also called an adjustable rate mortgage loan, is where the interest is paid at a very low rate by...

DefinitionTax law is an area of legal study dealing with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable...

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...