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Financial terms in "Accounting"

1. Fixed

2. Earnings before Interest, Taxes, Depreciation, Amortization and Special Losses (EBITDAL)

3. double-declining balance depreciation method

4. journal entry

5. preferred equity

6. net asset value per share

7. cash taxes

8. notional income

9. free cash flow to equity

10. Sinking Fund

11. receivable days

12. sales budget

13. cumulative translation adjustment account

14. Bill

15. Form 10-K

16. raw materials

17. undercast

18. net operating margin

19. direct method

20. economic profit

21. real asset

22. marginal profit

23. Accounts Payable Ledger

24. investing activities

25. Trading profit

26. net income from discontinued operations

27. shareholder letter

28. general ledger

29. ledger

30. GDP per capita

31. shareholder meeting

32. book inventory

33. CPA

34. standard accounting practice

35. Exact interest

36. NPV

37. Association of Government Accountants (AGA)

38. average payment period

39. cash management

40. cash outflow

41. vetting

42. wage expense

43. Bought Ledger

44. substance over form

45. Modified ACRS

46. operating revenue

47. Net advantage of refunding

48. net present value rule

49. balance

50. Quarter

51. sales per share

52. Zero-Based Budgeting

53. per annum

54. true value

55. net present value

56. assignment of income

57. Operating expenses

58. net adjusted present value

59. voucher system

60. realize

61. annual depreciation

62. net loss

63. remittance

64. GM

65. Return on Invested Capital

66. Retained Earnings

67. posting

68. reckoning

69. historical cost depreciation

70. total assets

71. consolidated financial statement

72. financial health

73. virement

74. annuity in advance

75. common-base-year analysis

76. reserves

77. Gross Income


79. Profit center

80. change in accounting principle

81. treasury budget

82. LIFO reserve

83. gross negative fair value (GNFV)

84. standalone profit

85. revolving collateral

86. Credit

87. nexus

88. step variable costs

89. split-off point

90. Accounts receivable turnover

91. Surplus

92. estimate

93. channel check

94. accounts receivable discounted

95. leveraged company

96. enterprise-value-to-revenue multiple (EV/R)

97. quasi-equity

98. Asset

99. Total Admitted Assets

100. supplies

Note: Maximum 100 records reached. Please narrow your search.

Featured term of the day

Definition / Meaning of

Tax Exempt

Categories: Finance,

Some investments are tax exempt, which means you don't have to pay income tax on the earnings they produce.For example, the interest you receive on a municipal bond is generally exempt from federal income tax, and also exempt from state and local income tax if you live in the state where the bond was issued. However, if you sell the bond before maturity, any capital gain is taxable.Similarly, dividends on bond mutual funds that invest in municipal bonds are exempt from federal income tax. And for residents of the issuing state for single-state funds, the dividends are also exempt from state and local taxes. capital gains on these funds are never tax exempt.Earnings in a roth ira are tax exempt when you withdraw them, provided your account has been open for five years or more and you're at least 59 1/2 years old. And earnings in 529 college savings plans and coverdell education savings accounts (ESAs) are also tax exempt if the money is used to pay qualified education expenses.When an organization such as a religious, educational, or charitable institution, or other not-for-profit group, is tax-exempt, it does not owe tax of any kind to federal, state, and local governments. In addition, you can take an income tax deduction for gifts you make to such organizations.

Most popular terms

1. Mere Descriptiveness
2. Employer Sponsored Retirement Plan
3. Systematic Withdrawal
4. Beta
5. Section 8 Declaration Of Excusable Nonuse
6. Equitable Estoppel
7. Statute Of Limitations
8. Earnings Before Interest, Taxes, Depreciation And Amortization
9. Covenant Not To Sue
10. Financial Industry Regulation Authority

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