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Tax
A fee charged ("levied") by a government on a product, income, or Activity . If Tax is levied directly on personal or corporate income, then it is a direct tax. If Tax is levied on the price of a good or service, then it is called an indirect tax. The purpose of Taxation is to Finance government Expenditure . One of the most important uses of taxes is to Finance public goods and services, such as street lighting and street cleaning. Since Public goods and services do not allow a non-payer to be excluded, or allow Exclusion by a Consumer , there cannot be a Market in the good or service, and so they need to be provided by the government or a quasi-government Agency , which tend to Finance themselves largely through taxes.
Related Terms: 21
Agency , Activity , Charge , Call , Consumer , CLU , Clean , Expenditure , Exclusion , Finance , FIN , Government expenditure , Import , Inc. , Low , Market , Payer , Public goods , Public , Tax , Taxation
Semi Related Terms: 869 CLICK HERE TO VIEW
10-Q ,
10-K ,
52-week low ,
Accredited Personal Financial Planning Specialist ,
Adjustable rate ,
Accrual of discount ,
Accrued market discount ,
After-tax basis ,
Agency bond ,
Agency security ,
Amortization of premium ,
Asked price ,
Asking price ,
At par ,
Agency ,
All or any part ,
At best ,
At call ,
Accumulated earnings tax ,
Adjustable rate preferred stock ,
Adjusted futures price ,
All-risks coverage ,
At risk ,
Add-on service ,
Abstract of title ,
Action to quiet title ,
As is ,
Assignment to creditors ,
Attorney in fact ,
Adjustable Rate Mortgage ,
Advance rate ,
Annual Percentage Rate ,
Applicable federal rate ,
Asset-based finance ,
Assignment of mortgage ,
A shares ,
Average price per share ,
Aggregate exercise price ,
At the money ,
Absorption rate ,
After-tax contributions ,
Age-weighted plan ,
Across the board ,
Activity ,
Additional paid-in capital ,
Affiliated person ,
Abusive tax shelter ,
After-tax ,
Alternative Minimum Tax ,
Annual exclusion ,
Active market ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Auction market ,
Automated Pricing and Reporting System ,
Away from the market ,
Back pay ,
Below the line ,
Books of final entry ,
Books of original entry ,
Book value per share ,
Burn rate ,
Banking Act of 1933 ,
Benchmark interest rate ,
Bid-to-cover ratio ,
Bond market ,
Bureau of Public Debt ,
Brought over the wall ,
Buying on margin ,
Buy on close ,
Buy on opening ,
Buy the book ,
Basic earnings per share ,
Balance of payments ,
Bank Rate ,
Base interest rate ,
Bear market ,
Board of Governors ,
Bulldog market ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
Base rate ,
Blended rate ,
Broker loan rate ,
Business finance companies ,
Back-end load ,
B shares ,
Buy and write ,
Behavioral finance ,
Back taxes ,
Before-tax income ,
Break-even tax rate ,
Breadth-of-market theory ,
Beat the gun ,
Bull market ,
Capital expenditure ,
Certified Public Accountant ,
Charge ,
Cost Of Goods Sold ,
Cost of sales ,
Consumer bank ,
Current income ,
Call ,
Call date ,
Called away ,
Called bond ,
Call price ,
Call protection ,
Call risk ,
Capital market ,
Certificate of Participation ,
Committee on Uniform Securities Identification Procedures ,
Consumer debenture ,
Conversion parity price ,
Conversion price ,
Corporate bond equivalent ,
Corporate trust ,
Coupon rate ,
Current market value ,
Current production rate ,
Call money rate ,
Code of procedure ,
Capitalization of income ,
Capitalization rate ,
Cap rate ,
Civilian unemployment rate ,
Consumer ,
Consumer confidence ,
Consumer confidence index ,
Consumer Price Index ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Carrying charge ,
Cash and carry trade ,
Cash market ,
Cash price ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Commodities Exchange Act ,
Commodity-product spread ,
Contract market ,
CLU ,
Cost-of-living rider ,
Certificate of stock ,
Consumer stock ,
Corporate action ,
Corporate governance ,
Cost of carry ,
Corporate Financing Committee ,
Certificate of title ,
Corporate fiduciary ,
Cancellation of debt ,
Certificate of Claim ,
Charge card ,
Clean ,
Closed-end credit ,
Commercial finance ,
Commitment fee ,
Consumer credit ,
Consumer debt ,
Consumer interest ,
Cost of debt capital ,
Cost of funds ,
Credit agency ,
Closed-end fund ,
Closed-end investment company ,
Contingent deferred sales charge ,
C shares ,
Call option ,
Call ratio backspread ,
Call swaption ,
Class of options ,
Close to the money ,
Covered call ,
Certificate of Occupancy ,
Cloud on title ,
Cash or Deferred Arrangement ,
Choice market ,
Class A Shares ,
Class B Shares ,
Corporate repurchase ,
Crash of 1929 ,
Crash of 1987 ,
Capital gains tax ,
Child and dependent care credit ,
Consolidated tax return ,
Coefficient of determination ,
Cup and handle ,
Certificate of delivery ,
Close a position ,
Close market ,
Closing price ,
Continuous market ,
Cornering the market ,
Curbs in ,
Corporate venture capital ,
Debt service coverage ,
Deferred charge ,
Deferred tax ,
Direct profit ,
Deposit in transit ,
Direct deposit ,
Direct sends ,
Date of issue ,
Date of payment ,
Dealer market ,
Debt market ,
Direct issuer ,
Direct paper ,
Dollar price ,
Del credere agency ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Do Not Reduce ,
Date of record ,
Dividend in arrears ,
Dividend rate ,
Double taxation ,
Desk (the) ,
Discount rate ,
Division of labor ,
Durable goods orders ,
Delivery price ,
Direct financing ,
Direct placement ,
Direct Public Offering ,
De-escalation clause ,
De facto ,
Doing business as ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Debt service ,
Deed of Release ,
Deed of Trust ,
Direct lease ,
Discharge of bankruptcy ,
Discharge of lien ,
Due-on-sale clause ,
Dual-purpose fund ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Direct rollover ,
Direct transfer ,
Direct participation program ,
Dogs of the Dow ,
Disposable income ,
Daily low ,
Deep market ,
Depth of market ,
Double auction market ,
Expenditure ,
Effective annual interest rate ,
Eurodollar certificate of deposit ,
Escrowed to maturity ,
Ex-legal ,
External market ,
Either-or order ,
Exchange rate ,
Economic growth rate ,
Edge Act ,
E-mini ,
Exchange of spot ,
Ex-pit transaction ,
Emerging market ,
Export-Import Bank ,
Excluded risk ,
Exclusion ,
Effective tax rate ,
Ex-all ,
Exit fee ,
Ex-warrants ,
Estate tax ,
Employee Retirement Income Security Act of 1974 ,
Exclusion ratio ,
Ex-rights ,
Ex-rights date ,
Earned income tax credit ,
Estimated tax ,
Excess profits tax ,
Excise tax ,
First In First Out ,
Fixed-charge coverage ratio ,
Form 10-Q ,
Federal Savings and Loan Association ,
Finance ,
First call date ,
Fixed income ,
Fixed income equivalent ,
Fixed-income arbitrage ,
Flight to quality ,
Floating-rate bond ,
Flow of funds ,
Full price ,
Federal Call ,
Fill or kill ,
Front-ending an order ,
Full-service brokerage ,
Floating exchange rate ,
Foreign exchange rate ,
Forward exchange rate ,
Forward P/E ,
Fully diluted earnings per share ,
Factors of production ,
Favorable balance of trade ,
Federal Reserve Discount Rate ,
Free market ,
Free market price ,
Forward price ,
Futures price ,
Foreign direct investment ,
Fee-for-service ,
Front-end load ,
Fair market value ,
Form 8-K ,
Form S-1 ,
Friends and family offering ,
Fair Credit Reporting Act ,
Fair Debt Collection Practices Act ,
Finance charge ,
Finance company ,
Fixed rate ,
Fixed-rate loan ,
Fixed-Rate Mortgage ,
Floating rate ,
Forward interest rate ,
Forward Rate Agreement ,
Full faith and credit ,
Family of funds ,
Fund of funds ,
Free and clear ,
Federal Insurance Contributions Act ,
Free right of exchange ,
Federal ID Number ,
Federal Tax Identification Number ,
Federal tax lien ,
FIN ,
Flat tax ,
Franchise tax ,
Fourth market ,
Gross income ,
Ginnie Mae pass-through ,
Good delivery ,
Government Bond ,
Government National Mortgage Association ,
Government Paper ,
Government securities ,
Government Securities Clearing Corporation ,
Glass-Steagall Act ,
Good Til Canceled ,
G-7 ,
GDP implicit price deflator ,
General Agreement on Tariffs and Trade ,
Government expenditure ,
Gross National Product ,
G-8 ,
Going public ,
Good faith ,
Growth and income fund ,
Good title ,
Gather in the stops ,
Gift tax ,
Graveyard market ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House call ,
House of issue ,
Health Insurance Portability and Accountability Act ,
Holder in due course ,
Home equity line of credit ,
Home Mortgage Disclosure Act ,
Housing Market Index ,
Hidden tax ,
Head and shoulders ,
High-low index ,
Hammering the market ,
Held at the opening ,
Holding the market ,
Horizontal price movement ,
Income statement ,
Income bond ,
In escrow ,
Interest rate collar ,
Interest rate risk ,
Interest rate swap ,
In-house ,
Investment Advisor Act of 1940 ,
Investment Company Act of 1940 ,
Income coverage ,
Income stock ,
In line ,
Income distribution ,
Inefficient market ,
Inflation rate ,
Interest rate futures ,
Intermediate goods ,
Inverted market ,
Import ,
Interbank Rate ,
Internal market ,
Initial Public Offering ,
Inside market ,
Insider Trading sanctions Act of 1984 ,
Internal Rate of Return ,
Indication of interest ,
Inc. ,
In intestacy ,
Interest rate ,
Interest rate cap ,
Interest rate ceiling ,
Interest rate floor ,
In play ,
In-process research and development ,
Income fund ,
Income risk ,
Interest rate option ,
I/O strip ,
Income property ,
Inheritance tax ,
Income replacement ratio ,
In-service withdrawal ,
Income exclusion rule ,
Individual tax return ,
Imbalance of orders ,
Imperfect market ,
In and out ,
In sympathy ,
In the tank ,
Jointly and severally ,
Jumping the gun ,
Joint and several liability ,
Joint and survivor annuity ,
Joint tax return ,
Last In First Out ,
Lender of last resort ,
Law of one price ,
Lending at a rate ,
Limit-on-close order ,
Limit price ,
Long Market Value ,
Look-through earnings ,
Law of demand ,
Law of supply ,
London International Financial Futures and Options Exchange ,
London Inter-Bank Offer Rate ,
Lump sum distribution ,
Letter of comment ,
Legal age ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Lump sum ,
Large cap ,
Leading the market ,
Locked in ,
Long-term gain or loss ,
Luxury tax ,
Level I quotes ,
Liquid market ,
Locked market ,
Low ,
Market basket ,
Market capitalization ,
Market conversion price ,
Mortgage pass-through security ,
Maintenance call ,
Maintenance fee ,
Make a market ,
Margin call ,
Margin rate ,
Market if touched order ,
Market letter ,
Market maker ,
Market maker spread ,
Market on close order ,
Market order ,
Mark-to-market ,
Multiple Listing Service ,
Medium of exchange ,
Marginal propensity to consume ,
Market economy ,
Most distant month ,
Market rate ,
Modified pass-through ,
Money at call ,
Mortgage rate ,
Market cap ,
Market neutral ,
Market portfolio ,
Market timer ,
Market timing ,
Mill rate ,
Mutual exclusion doctrine ,
Market analysis ,
Market ,
Market inefficiency ,
Market opening ,
Market return ,
Market-share weighted index ,
Market surveillance ,
Market-value weighted index ,
Market Volatility Index ,
Maximum price fluctuation ,
Mixed market ,
Most active ,
Net income ,
Net income multiplier ,
Net Operating Income ,
Non-cash expense ,
Non-financial asset ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
National Market System ,
Nominal rate ,
Non-callable ,
Non-callable bond ,
Non-interest-bearing note ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
No limit order ,
No quote ,
Non-cumulative preferred ,
Non-equity option ,
Normal market ,
No-Fault ,
No-Action Letter ,
Non-compete agreement ,
Non-disclosure agreement ,
Notary Public ,
Null and void ,
No-lien affidavit ,
Non-conforming loan ,
Non-revolving credit card ,
Notice of Default ,
No-load ,
Non-resident alien tax ,
Naked call ,
Non-qualified stock option ,
Non-statutory stock option ,
National Association of Real Estate Investment Trusts ,
Non-investment property ,
Non-contributory plan ,
Non-insured plan ,
Non-qualified retirement plan ,
Normal retirement age ,
Nasdaq Small Cap Market ,
No-load stock ,
Narrow market ,
National Market Advisory Board ,
Negotiated market ,
No book ,
Off the books ,
One time charge ,
Office of Thrift Supervision ,
Offering price ,
Out-of-favor ,
Over-the-Counter ,
On-floor order ,
On margin ,
Or better ,
Other income ,
Open market operation ,
Operating rate ,
One-share one-vote rule ,
Opinion of title ,
On account ,
On-the-spot loan ,
Open-end credit ,
Open-end mortgage ,
Origination fee ,
Open-end fund ,
Open-end management company ,
Option income fund ,
Option price ,
Out of the money ,
Open-end lease ,
Old age, survivors, and disability insurance ,
Ordinary income ,
On-balance volume ,
On close ,
One man picture ,
On open ,
On the opening ,
Open market ,
Operationally efficient market ,
Outside market ,
Payer ,
Pooling of interests ,
Pre-tax profit margin ,
Profit and loss statement ,
Pro forma ,
Pass-through ,
Pass-through coupon rate ,
Payment-in-kind security ,
Phantom income ,
Premium over bond value ,
Premium over conversion value ,
Price Value of a Basis Point ,
Private sector pass-through ,
Provisional call feature ,
Public bond ,
Public offering ,
Public purpose bond ,
Public limited partnership ,
Public Securities Association ,
Purpose loan ,
P&L ,
Primary earnings per share ,
Provision for income taxes ,
Personal Consumption Expenditures ,
Price index ,
Producer Price Index ,
Public goods ,
Public sector ,
Parity price ,
Physical market ,
Price limit ,
Personal Injury Protection ,
Primary market ,
Public company ,
Public offering price ,
Per stirpes ,
Pour-over will ,
Power of Attorney ,
Personal guarantee ,
Personal interest ,
Prime rate ,
Prioritization of debt ,
Private Market Value ,
Prime rate fund ,
Premium income ,
Price spread ,
Passive income ,
Personal property ,
Property tax ,
Prudent Expert Act ,
Paid-in capital ,
Paid-in surplus ,
Percent held by institutions ,
Private Investment in Public Equity ,
Public ,
Public equity ,
Public ownership ,
Perfect capital market ,
Preservation of capital ,
Personal exemption ,
Progressive tax ,
Proportional tax ,
Point-and-figure chart ,
Painting the tape ,
Price range ,
Price-weighted index ,
Public book ,
Put/call ratio ,
Reports and Records ,
Retention rate ,
Return of capital ,
Return on Capital ,
Return on Invested Capital ,
Return on Total Assets ,
Run rate ,
Real interest rate ,
Regulation Q ,
Rate covenant ,
Rating service ,
Redemption price ,
Reading the tape ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Round of funding ,
Rules of Fair Practice ,
Rate of exchange ,
Reciprocal of European terms ,
Real economic growth rate ,
Retail Price Index ,
Regulation A ,
Reverse Take-Over ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Rate-improvement ,
Rate lock ,
Renegotiable rate ,
Revolving line of credit ,
Right of recourse ,
Roll over ,
Rule of 78 ,
Redemption fee ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Regressive tax ,
Return on Capital Employed ,
Rate of return ,
Real rate of return ,
Selling, General and Administrative Expenses ,
SG&A ,
Sales charge ,
Sales fee ,
Savings and Loan ,
Sight letter of credit ,
S&L ,
Secondary market ,
Securities and Exchange Commission ,
Series EE bond ,
Spot rate ,
SEC fee ,
Segregation of securities ,
Sell the book ,
Stop price ,
Street broker ,
Street name ,
Savings rate ,
Standard of living ,
Swap rate ,
Settlement price ,
Spot market ,
Spot price ,
Second-to-die insurance ,
Stock market ,
Severally but not jointly ,
Small corporate offering registration ,
Subscription price ,
Statute of Limitations ,
Sale and leaseback ,
Satisfaction of debt ,
Secondary mortgage market ,
Start rate ,
Structured finance ,
Staggered board of directors ,
Selling the spread ,
Short market value ,
Special use property ,
Social Security Tax ,
Surrender charge ,
Share price ,
Split-adjusted price ,
Selling short against the box ,
Shorting against the box ,
Sales tax ,
S Corporation ,
Self-employment tax ,
Separate tax returns ,
Short-term gain or loss ,
Sin tax ,
Standard mileage rate ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Seek a market ,
Specialist market ,
S&P phenomenon ,
Stop and reverse ,
Tax anticipation note ,
Tax-exempt bond ,
Tax renevue anticipation note ,
T-Bill ,
Term to maturity ,
Treasury Direct ,
Take a position ,
Two-sided market ,
Two-way market ,
Trailing P/E ,
Tax haven ,
Tax ,
Tax schedule ,
Tenancy by the entirety ,
Teaser rate ,
Truth in Lending ,
Tax-free bond fund ,
Tax-managed fund ,
Tax lien ,
Tax roll ,
Tenancy at will ,
Transfer tax ,
Tax deferral ,
Tax-deferred ,
Ten-bagger ,
The Street ,
Timing the market ,
Taxable income ,
Tax-advantaged ,
Taxation ,
Tax audit ,
Tax base ,
Tax basis ,
Tax bracket ,
Tax-deductible ,
Tax deduction ,
Tax-efficient ,
Tax evasion ,
Tax-exempt ,
Tax identification number ,
Tax loss carryback ,
Tax loss carryforward ,
Tax lot ,
Taxpayer Relief Act of 1997 ,
Tax planning ,
Tax preference item ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Tax return ,
Tax sale ,
Tax shelter ,
Tax shield ,
Tax swap ,
Tax tables ,
Take a bath ,
Target price ,
Thin market ,
Third market ,
Tight market ,
Transparent market ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Unlimited tax bond ,
Uniform Securities Act ,
Unemployment rate ,
Uncovered call ,
Unified Tax Credit ,
Unit of trade ,
Unit of trading ,
Variable rate ,
Value Added Tax ,
Wall Street analyst ,
Williams Act ,
Wrap fee ,
Wage price spiral ,
Waiver of premium ,
Wall Street ,
Widow-and-orphan stock ,
W-2 Form ,
W formation ,
Weak market ,
When, as, and if issued ,
Wide market ,
X or XD ,
Year-over-year ,
Year-To-Date ,
Yankee bond market ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares