10 Terms
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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
call option
Accounting; Tax
1 The right to buy 100 shares of a stock (or stock index, etc ) at set price Usually, the option holder has the right, but not the obligation to purchase the property The option expires at a set ...
call premium
Accounting; Tax
In the case of straight or convertible bonds or preferred stock it's the amount in excess of the par value of the security the issuer may have to pay for the privilege of redeeming the security ...
call protection
Accounting; Tax
The length of time during which a bond, preferred stock, etc cannot be redeemed by the issuer
cancellable contract
Accounting; Tax
A contract that may be cancelled at any time without penalty Usually requires a certain amount of days' notice by the party cancelling before the contract is terminated
capital budgeting
Accounting; Tax
A formal plan for making investments in plant, equipment, other fixed assets, advertising projects, etc Items included in the capital budget have lives in excess of one year and often require ...
capital expenditure
Accounting; Tax
The purchase of or outlay for an asset with a life of more than a year, or one that increases the capacity or efficiency of an asset or extends it's useful life Generally, such expenditures cannot ...
