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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

Accrued expense

Accounting; Tax

An expense that has been incurred, but not yet paid in cash Similar to accounts payable, but usually associated with nontrade vendors For example, an electric bill

Loan commitment

Accounting; Tax

An agreement by a lender to make a loan in the future if all the conditions in the agreement are satisfied

Indirect costs

Accounting; Tax

Costs that can't be directly related to the cost objective or a product

Accrued future service benefit

Accounting; Tax

The portion of a participant's pension retirement benefit that relates to the participant's period of service credited after the effective date of the plan but before a specified current date

Illegal source financial crimes

Accounting; Tax

Crimes involving illegally earned income, such as money laundering

A person (or institution) that has the assets or income level set by the SEC to invest in unregistered securities including nonpublic equity investments, hedge funds, and privately held corporations ...