FT MarketWatch

Tax lot

A Record of all transactions and their Tax implications involving a particular security in a Portfolio. Recording the taxable Purchase date provides the holder with the Option of specifying exactly which shares to Sell at a later date in Order to reap Tax advantages.

Related Terms: 14 Action, ECU, ECI, Heir, Order, Option, Purchase, Portfolio, Record, SEC, Sell, Share, Transaction, Tax
Other Related Pages: Category: Taxes Starting With: T
Additional Related Terms: Above par, Accrual of discount, After-tax basis, Agency security, Amortization of premium, Asset-backed security, At par, All or any part, Alternative order, At best