- Branża: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
The reduction in income taxes that results from taking an allowable deduction from taxable income.
Industry:Financial services
Computer software designed to assist taxpayers in filling out tax returns and minimizing tax liability.
Industry:Financial services
For a security such as commercial paper that is sold on a discount basis, true interest cost is the coupon rate required to provide an identical return assuming a coupon-bearing instrument of like maturity that pays interest in arrears.
Industry:Financial services
The decision of the status under which to file a tax return. For example, a corporation may file as a C corporation or an S corporation.
Industry:Financial services
A contract that qualifies as a valid lease agreement under the Internal Revenue Code.
Industry:Financial services
Technique used in futures and options trading to create tax benefits. For example, an investor with a capital gain takes a position creating an artificial offsetting loss in the current tax year and postponing a gain from the position until the next tax year.
Industry:Financial services
A fiduciary relationship calling for a trustee to hold the title to assets for the benefit of the beneficiary. The person creating the trust, who may or may not also be the beneficiary, is called the grantor.
Industry:Financial services
An organization that acts as a fiduciary and administers trusts.
Industry:Financial services