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Tax

Of or relating to the fees charged by a government on a product, income, or activity; and also to the system by which they are successfully levied.

Industry: Accounting

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Tax

affirmative covenant

Accounting; Tax

A covenant on a bond, loan, or mortgage that requires the debtor to perform certain actions

accountant's opinion

Accounting; Tax

If a independent certified public accountant is requested to audit a company's books, he will issue a opinion as to the condition of the financial statements There are several degrees of opinion ...

lessee

Accounting; Tax

A party who rents property from another under a lease

after-acquired clause

Accounting; Tax

A clause in a mortgage or similar loan document that provides that any mortgageable property acquired after the mortgage is signed will be considered additional security for the loan