Home > Industry/Domain > Accounting > Tax
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
Add a new termContributors in Tax
Tax
absorption
Accounting; Tax
In real estate, the amount of additional space that is leased during a year (or other time period) That can be further defined Gross Absorption is the total amount of spaced leased during the time ...
kicker
Accounting; Tax
An additional benefit a lender or investor receives as an inducement to make the loan or investment For example, a lender may receive an Equity Kicker allowing him to receive a share of the income ...
abstract of title
Accounting; Tax
A summary of all the conveyances, grants, transfers, judicial proceedings, etc that have affected the title to a parcel of real property An abstract only shows the items of public record; it does ...
kiting
Accounting; Tax
Generally, it's the action of drawing checks on one account while depositing checks in another account and depending on the float to avoid overdrafts A common form of embezzlement
hard costs
Accounting; Tax
The direct costs of acquiring a business (such as the purchase price), constructing a building (brick and mortar), etc , as opposed to legal, accounting, consulting, financing, costs, which are ...
hedged position
Accounting; Tax
A hedged position occurs if you own a second asset that should move in the opposite way the first asset would react to changes in the market For example, you own a stock and a put and/or a call on ...
holdback
Accounting; Tax
The portion of a loan not paid out to the borrower until a certain requirement is completed For example, a lender may release 10% of the total amount of a loan on completion of the foundation, an ...