4 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
industrial property form
Accounting; Tax
An all-risk or specific peril type of insurance for manufacturers or businesses engaged in processing
inflation endorsement
Accounting; Tax
A clause in a homeowners policy where the coverage is automatically increased periodically to account for changes in a price index
insured bonds
Accounting; Tax
Generally, municipal bonds that are covered by insurance against default (loss of interest or principal) The insurance premium is paid by the issuer Insured bonds generally have a lower yield ...
intangible asset
Accounting; Tax
An asset that is a right and nonphysical, as opposed to equipment, buildings, etc which are tangible assets Examples include copyrights, patents, trademarks, goodwill, capitalized advertising costs, ...
intangible costs
Accounting; Tax
Expenditures incurred to create an intangible asset For example, legal fees to negotiate a lease, the cost to acquire a license, etc
integrated operations
Accounting; Tax
Two or more business operations which are conducted as though they were one single economic unit
interest-only loan
Accounting; Tax
A loan where the borrower pays only interest and not principal during the course of the loan Some loans have an interest-only period, then require payment of interest and principal The total amount ...
