Finance

Takeout Loan: A Long-term Refinancing Solution
A detailed exploration of takeout loans in real estate and securities, covering their definitions, types, uses, examples, and related terminologies.
Taking Delivery: Accepting Receipt of Goods or Securities
Taking Delivery refers to the process of accepting receipt of goods, commodities, or securities from a common carrier, shipper, or other entities, typically documented by signing a bill of lading or other receipt forms.
Tallyman: Definition and Roles
A comprehensive exploration of the term 'Tallyman,' including its historical context, various types, and applications.
Tangible Asset: Physical Assets with Real-World Presence
A comprehensive exploration of tangible assets, including their definitions, types, examples, historical context, applications, comparisons, and related terms. Learn about the physical assets that play a vital role in various facets of economy and investment.
Tangible Personal Property: Definition and Examples
Tangible Personal Property refers to assets that can be seen, touched, and measured but are not categorized as real estate. This article explores the definition, types, examples, and key considerations in distinguishing between tangible personal property and real estate.
Tare Weight: Definition, Importance, and Applications
Comprehensive guide on Tare Weight, explaining its definition, importance in various industries, methods of measurement, historical context, and related terms.
Tariff: Comprehensive Guide to Import and Export Taxes
An in-depth look at tariffs, their purposes, types, effects on economies, historical context, and related terms.
Tax: Definition, Types, and Examples
An in-depth exploration of taxes, including their types, historical context, applicability, and the impact on societal infrastructure and governance.
Tax Abatement: Reprieve from a Tax Obligation
An in-depth examination of tax abatement, a government incentive often used to encourage real estate or industrial development by partially or completely forgiving tax obligations.
Tax and Loan Account: Repository for U.S. Treasury Operating Cash
A Tax and Loan (T&L) Account is an account held at private-sector depository institutions in the name of the district Federal Reserve Bank, serving as a repository for operating cash available to the U.S. Treasury.
Tax Anticipation Bill (TAB): Short-term U.S. Treasury Obligation
A Tax Anticipation Bill (TAB) is a short-term obligation issued by the U.S. Treasury, offering a secure investment option for corporations to manage their tax payments efficiently.
Tax Anticipation Note (TAN): Short-Term Government Obligation
A comprehensive guide to Tax Anticipation Notes (TAN) used by state and municipal governments to finance current expenditures pending receipt of expected tax payments.
Tax Base: Comprehensive Definition
The Tax Base encompasses the collective value of property, income, and other taxable activity or assets subject to taxation. It is crucial for determining tax revenues.
Tax Basis: Understanding the Tax Basis in Financial Context
A comprehensive guide to understanding the concept of Tax Basis in the field of finance, its types, applicability, and examples.
Tax Benefit Rule: Tax Implications of Recoveries and Repayments
Understanding how the Tax Benefit Rule governs the inclusion of recoveries and repayments in taxable income and deductions.
Tax Credit: A Dollar-for-Dollar Reduction in Taxes Owed
An in-depth explanation of Tax Credits, their types, historical context, examples, applicability, and comparisons with related terms like deductions and exemptions.
Tax Deductible: Reducing Taxable Income
An expense that can be used to reduce taxable income, generally including interest on housing, ad valorem taxes, depreciation, repairs, maintenance, utilities, and other ordinary and necessary expenses for businesses.
Tax Deposit: Payment of Federal Tax Liability
A detailed explanation of tax deposits, including the types of taxes deposited through a Federal Reserve Bank or designated commercial bank, rather than paid directly to the IRS.
Tax District: Central Assessment District
A Tax District, also known as a Central Assessment District, refers to a specified geographic area where local government authorities levy taxes to fund essential public services.
Tax Evasion: An Overview of Illegally Avoiding Tax Obligations
Tax Evasion involves illegal practices to escape paying taxes. Learn about methods, legal implications, examples, historical context, and more.
Tax Exemption: A Comprehensive Overview
An in-depth analysis of tax exemption, covering types, historic context, applicability, and related terms.
Tax Foreclosure: Process of Enforcing a Lien Against Property for Nonpayment of Delinquent Property Taxes
Tax foreclosure is the legal process by which a taxing authority enforces a lien against property for the nonpayment of delinquent property taxes. This ensures the government recovers owed taxes, superior to other liens.
Tax Incentive: Encouraging or Discouraging Economic Activities
Tax incentive is a feature of the taxation system designed to encourage or discourage certain economic activities. Common examples include depreciation allowances and tax credits.
Tax Increment Financing (TIF): Economic Development Tool
Tax Increment Financing (TIF) as a municipal financing strategy to encourage private development or redevelopment in distressed areas, funded by expected future tax revenue growth.
Tax Liability: Understanding Owed Taxes
A detailed exploration of tax liability, including its definition, calculation, examples, and important considerations.
Tax Lien: An Encumbrance for Tax Payment
A comprehensive guide to understanding tax liens, including how they are imposed, their impact, and related terminologies.
Tax Preference Item: Insight into Taxation Nuances
Tax Preference Items are special items of income, tax deductions, or tax credits that offer extra benefits according to federal tax laws. These items are subject to Alternative Minimum Tax to ensure fairness in the tax system.
Tax Rate: Percentage Rate of Tax Imposed
An in-depth look at tax rates, the percentage rate applied to a taxable base to calculate tax liability, including types, examples, and related terms such as effective tax rate and marginal tax rate.
Tax Rate Schedules: Detailed Tax Guidelines for High-Income Taxpayers
An in-depth overview of tax rate schedules utilized by taxpayers with taxable income of $100,000 or more, including definitions, examples, historical context, and special considerations.
Tax Return Preparer: Roles and Responsibilities
A detailed guide on the roles, responsibilities, and legal obligations of a Tax Return Preparer. Covering the importance, qualifications, and regulatory aspects in detail.
Tax Sale: Property Auction Due to Unpaid Taxes
A Tax Sale refers to the sale of a property after a period of nonpayment of taxes. The grantee receives a Tax Deed. In many states, the defaulting party has a redemption period to repay the owed taxes, interest, and associated costs to reclaim the property.
Tax Selling: Strategic Financial Management
An in-depth look into tax selling, a common strategy used by investors to offset capital gains and reduce tax liability, typically done at the year-end.
Tax Shelter: Historical Definition and Modern Regulations
An in-depth look at the definition of tax shelters prior to October 23, 2004, according to the IRS, and the modern regulatory framework post-October 22, 2004.
Tax Software: An Essential Tool for Tax Preparation and Planning
Tax software assists taxpayers in preparing and planning their tax returns, aiding in tax liability minimization. Programs like Turbo Tax and TaxCut are tailored for various entities including businesses, individuals, and estates.
Tax Status Election: Selection of Filing Status for Taxes
An overview of the selection of filing status for state and federal income taxes, including options for individuals and businesses, and the importance of choosing the most advantageous filing status.
TAX STOP Clause: Property Tax Limiting Provision in Leases
A TAX STOP clause in a lease agreement limits the amount of property taxes a lessor must pay, preventing unexpected increases beyond a predetermined threshold. Learn about its functionality, examples, historical context, and related terms.
Tax Straddle: Former Tax Postponement Technique
A former tax deferral tactic used by investors to postpone tax liabilities by creating artificial losses in the current year and realizing gains in the subsequent year.
Tax Wedge: An Economic Phenomenon
In economics, a tax wedge refers to the difference between what consumers pay and what producers receive due to taxation, which can inhibit certain economic outcomes.
Tax-Deferred: Investment With Postponed Taxation
Tax-Deferred refers to an investment whose accumulated earnings are free from taxation until the investor takes possession of the assets.
Tax-Deferred (Tax-Free) Exchange: Understanding Section 1031
A comprehensive guide to understanding tax-deferred exchanges, primarily concerning property under Section 1031 of the Internal Revenue Code. This entry explores the concept, applications, and implications of such exchanges in the context of real estate.
Tax-Deferred Annuity: Retirement Vehicle Under Section 403(b)
A comprehensive overview of Tax-Deferred Annuities (TDA), their functions under Section 403(b) of the U.S. Internal Revenue Code, contribution limits, tax implications, and relevant considerations for employees of public school systems and qualified charitable organizations.
Tax-Equivalent Yield: Understanding Your Investment
A detailed guide on Tax-Equivalent Yield, explaining how to compare the yields of taxable bonds with tax-free municipal bonds for investors.
Tax-Exempt Organization: An Overview
Explore the detailed definition of a Tax-Exempt Organization, its types, historical context, and its significance in various sectors.
Tax-Free Exchange, Delayed: Deferred Property Exchange
A delayed tax-free exchange is a real estate transaction where a property is traded for the promise to provide a replacement like-kind property within a specified period, allowing tax deferral on gains.
Taxable Income: Definition and Implications
Comprehensive guide to understanding taxable income for individuals, corporations, trusts, estates, and other entities.
Taxable Value: An Essential Financial Assessment
Understanding the concept of Taxable Value, its calculation, its significance in real estate and property taxation, and its interplay with Assessed Valuation.
Taxable Year: Understanding the Timeframe for Tax Calculations
A detailed exploration of the taxable year, the period used for calculating an individual or entity's tax liability, including special cases and related terms.
Taxation, Interest on Dividends: Understanding Tax Implications
Detailed overview of the taxation on interest earned from dividends left on deposit with an insurance company, especially in the context of participating life insurance policies.
Taxpayer: Definition and Overview
A comprehensive guide to understanding who qualifies as a taxpayer and their responsibilities, including individuals, corporations, partnerships, trusts, and other entities.
Teaser Rate: An Overview and Applications
Detailed explanation of teaser rates, often applied to mortgage loans, specifically adjustable-rate mortgages (ARMs), and their implications.
Technical Analysis: Research into the Demand and Supply for Securities and Commodities
Technical Analysis involves the examination of trading volume and price studies to predict price movements. By utilizing charts or computer programs, technical analysts aim to identify market trends.
Technical Rally: Short-Term Price Increase in a Declining Market
A Technical Rally is a short-term rise in the price of securities or commodities futures within a broader declining trend, often stimulated by bargain-hunting investors or the identification of support levels.
Telegraph Money Order: A Method of Sending Money
Telegraph Money Order is a method of sending money urgently by placing cash with a telegraph office, which then wires the destination office to disburse the cash or an equivalent money order.
Telephone Switching: Mutual Fund Asset Transfers via Telephone
Understanding the process of shifting assets from one mutual fund to another by telephone, either within the same family of funds or across different families of funds.
Ten-Year Averaging: Income Tax Calculation on Lump-Sum Distribution
A method of calculating income tax on a lump-sum distribution from a qualified benefit plan that reduces a beneficiary's tax liability. Available only to participants who were 50 years old by January 1, 1986.
Tenancy In Common (TIC): Real Estate Co-Ownership Structure
A comprehensive guide to Tenancy In Common (TIC) ownership, its mechanisms, benefits, and considerations, especially in relation to Section 1031 tax-free exchanges.
Tenant Finish-Out Allowance: Financial Support for Customizing Rental Spaces
A Tenant Finish-Out Allowance is a monetary provision offered to prospective tenants for customizing rental spaces to suit their needs. It helps in covering costs related to acquiring, building, or modifying walls, partitions, and fixtures, generally expressed in dollars per square foot.
Tenant Improvements (TIs): Customizing Leased Spaces
Tenant Improvements (TIs) refer to the modifications made to commercial properties to meet tenants' specific needs. These adjustments may range from basic structural changes to aesthetic upgrades.
Tenant Reimbursements: Essential Concept in Commercial Leasing
Tenant reimbursements refer to amounts paid by a tenant to a landlord for the tenant's share of expenses. This concept is frequently encountered in net leases and leases with stop clauses in shopping centers and office buildings.
Tenant Representative Broker: A Comprehensive Guide
A detailed exploration of Tenant Representative Brokers, their roles, responsibilities, and impact in real estate transactions.
Tender Offer: Public Offer to Purchase Shares
A tender offer is a public, open offer or invitation to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a specified time.
Term: Definition and Explanation
Comprehensive definition and explanation of the term, including its applications in contracts, loans, and life insurance policies.
Term Asset-Backed Securities Loan Facility (TALF): Economic Stimulus Program
A Federal Reserve funding facility to support the issuance of Asset-Backed Securities (ABS) and promote lending to consumers and small businesses by providing non-recourse loans.
Term Bond: Bonds that Mature at the Same Date
A Term Bond is a bond from a single issue that matures on the same date. These bonds may have a call feature that allows the issuer to redeem them before the maturity date.
Term Certificate: A Detailed Explanation
A comprehensive overview of Term Certificates, also known as Certificates of Deposit (CDs), focusing on those with a long maturity date ranging from one to ten years.
Term Life Insurance: Temporary Protection
Term Life Insurance provides coverage for a specific period, offering death benefits if the insured passes away during the term while providing no residual value if the insured survives the term.
Term Loan: Intermediate to Long-Term Secured Credit
A term loan is an intermediate to long-term (typically two to ten years) secured credit granted to a company to finance capital equipment or provide working capital.
Terminal Value: Remaining Property Value
An in-depth look at Terminal Value, the remaining or expected remaining value of a property at the end of a projection period, including methods of calculation, examples, and its importance in financial analysis.
Terms of Trade: The Relationship between Export and Import Prices
An in-depth look at the Terms of Trade, a vital economic measure assessing the relationship between the prices a country gets for its exports and the prices it pays for its imports.
Testament: Legal Document for Disposing of Personal Property
A comprehensive overview of a testament, a legal document used to dispose of personal property after death. Commonly referred to as will or last will and testament.
Testamentary Trust: A Trust Created by a Will
A testamentary trust is established through a will and takes effect upon the grantor's death, distinct from an inter vivos trust created during the grantor's lifetime.
Third Market: Non-exchange-member Broker-Dealers and Institutional Investors Trading Over-the-Counter in Exchange-Listed Securities
The Third Market involves non-exchange-member broker-dealers and institutional investors engaging in over-the-counter (OTC) trading of exchange-listed securities, offering an alternative trading platform with benefits such as lower transaction costs and extended trading hours.
Third-Party Sale: Intermediary Transactions in Real Estate and Beyond
A third-party sale involves a transaction where an agency acts as an intermediary between a buyer and a seller. This entry explores the intricacies of third-party sales, their applications, and related terms such as listing broker.
Thomson Reuters: Pioneers in Information Services
Thomson Reuters, established in 2008, is a worldwide provider of critical information to businesses and professionals. This entry explores the company's history, divisions, and major brands.
Through Rate: Total Cost of Shipping Goods with Multiple Carriers
An in-depth exploration of the concept of 'Through Rate,' detailing its calculation, types, historical context, applicability, related terms, and FAQs.

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