Home > Terms > English, UK (UE) > tax swap

tax swap

Swapping two similar bonds to receive a tax benefit.

0
Improve it
More
Collect to Blossary

Other Languages:

More

Member comments

You have to log in to post to discussions.

Related terms

tax
Economy; Economics

A compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

tax
Economy; Economics

A compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions. ...

tax
Language; Dictionaries

A charge, especially a pecuniary burden which is imposed by authority.

tax
Medical; Health care; Medicine

Governmental levies on property, inheritance, gifts, etc.

swap
Banking; Investment banking

In general: financial term for a combined or simultaneous buying and selling operation. (1) Swaps between central banks: transactions that are frequently carried out in ...

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.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Social network Category: Social marketing

Facebook case

Yahoo! has accused Facebook of usurping patents, especially concerning advertising and protection of private life. Facebook is claimed to have used ...

Contributor

Featured blossaries

Veganism

Category: Food   1 3 Terms

ALL ABOUT PRAYER

Category: Religion   1 1 Terms

Browers Terms By Category

TERMS

SOCIAL

EXTRAS

SOLUTIONS