tax refund

tax refund

Money back from the government when too much tax has been paid or withheld from a salary.

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Part of Speech: noun
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Industry/Domain: Financial services
Category: General Finance
Company: Bloomberg
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Related terms

refund

Retail; Supermarkets

A consumer promotion in which the purchase of a product entitles a consumer to a cash refund, a discount or a coupon good for a discount on a next purchase.

refund

Convention; Conferences

Money repaid; can be in the form of cash or credit voucher.

refund

Advertising; Marketing communications

A sum of money given back to the consumer following purchase of a product or service, usually in exchange for some form of proof of purchase.

refund

Financial services; General Finance

To retire existing bond issues through the sale of a new bond issue, usually to reduce the interest rate being paid.

refund

Retail; ignore

Money or credit given to customer for the return of merchandise.

hardship assistance

Financial services; General Finance

A financial assistance given out in times of personal fincancial hardship, e.g. loss of job, insurance, or property.

government grants

Financial services; Accountancy; Finance; General Finance

Awards of financial assistance in the form of money by governments to an eligible grantee with no expectation that the funds will be paid back. This does not include technical ...

bankers' acceptances (BA)

Financial services; General Finance

Sometimes known as time drafts, these are bearer-form short-term non-interest-bearing notes sold at a discount, redeemed by accepting banks for full face value at maturity.

bed and breakfast deal

Financial services; General Finance

The sale of a share and its repurchase shortly after the beginning of a new tax year. This allows shareholders to register a capital loss or profit for tax purposes while ...

Bank for International Settlements (BIS)

Financial services; General Finance

An international organization that fosters international monetary and financial co-operation and serves as a bank for central banks and international financial organizations. It ...

Buoni Ordinari del Tesoro (BOT)

Financial services; General Finance

Italian Treasury bills with maturities of three, six and 12 months, issued at a discount.

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