Tax Glossary

What is Aadhar Card, Eligibility, Benefits

A method of costing where all manufacturing costs are absorbed by the units produced

What It is, Explanation, Example

Definition & Advantages of Accounting | What is Accounting?

The complete sequence of accounting procedures during an accounting period

Basic guidelines that govern the field of accounting

An accounting method where revenues and expenses are recorded when they occur

What is Accrued Income, Examples, Advantages

Definition & Advantages of Accumulated Depreciation

A liquidity ratio that measures a company's ability to pay short-term debts

Definition & Advantages of Acquisition

Payment made before goods or services are received

What is Advance Tax, Eligibility, Benefits

What it is and how it works

The distribution of shares to applicants in a public issue

Any cryptocurrency other than Bitcoin

Definition & Advantages of Amalgamation | What is Amalgamation?

Definition and the Explanation

Definition, How it Works, and Example

A financial plan for a full year period

The allocation of costs or revenues among different departments or products

Definition, How it Works, and Appreciation vs Depreciation

Definition, How it Works

Assessee Meaning, Types

Meaning, Example

Resources owned by a business that have economic value

Definition & Advantages of ATM Card | What is ATM Card?

A record of all transactions and activities

Definition, Types, and Importance

Economic policies aimed at reducing government spending

The maximum amount of capital a company can issue

Total cost divided by the number of units produced

The percentage of income spent on consumption

What is Backward Integration, its Benefits, and example

Debts that are unlikely to be recovered

The difference between exports and imports

Definition, How it Works and Components

Distribution of insurance products through bank channels

What is Banking, How it Works, Types

Definition, How it Works, and Types

A system of exchange without using money

A reference year used for comparison in economic analysis

International regulatory framework for banks

What is Bear Hug, Explanation, and Example

What is Bear in Stock Market, How Bear Profits, and Bearish Characteristics

What is BPL, Features, Advantages

The person who ultimately owns or controls a security

A person who receives benefits from a trust, insurance policy, or will

What it is, How it is used by Investors, and Values of Beta

Definition, How it Works, Advantages and Disadvantages

Definition & Advantages of Bill Of Entry | What is Bill Of Entry?

What is Bill Of Exchange?, Definition & Advantages

What is binary option, binary option in India, and example

Definition and How Bitcoin Mining Works

Definition & Advantages of Block | What is Block?

Free shares issued to existing shareholders

Definition & Advantages of Book Building

Definition & Advantages of Boot | What is Boot?

What is Boutique and How it Works

What it is and How it Works

Definition, How It Works, and Types of Bucket Strategy

Definition, Explanation, and Legitimate Use of It

What is Budget Deficit, Formula, Types

A market condition where prices are rising

Definition, Explanation, and Characteristics

A system of government through departments and agencies

The natural rise and fall of economic activity

Application of economic principles to business decisions

Definition, How Business Works, and Types

What is Buyback, Types, Specifications

Constitutional authority that audits government accounts

Short-term money market instrument

Financial resources available for use in production

Definition & Advantages of Capital Account | What is a Capital Account?

A measure of bank's capital in relation to risk-weighted assets

Expenditures for acquiring or improving long-term assets

The process of building up capital stock of a country

Profit from the sale of an asset

The ratio of fixed interest bearing securities to equity

Money invested in assets to generate income

The process of selecting projects when capital is limited

The mix of debt and equity financing

What is Capitalize, Explanation, and Benefits

Definition & Advantages of Cash Book | What is a Cash Book?

A business unit that generates steady cash flow

Definition & Advantages of Cash Credit | What is Cash Credit?

What is Cash Equivalents, Types, and Impact on the company

Definition, How It Used, and Its Structure

What is Cash Transaction?, Definition & Examples

Definition, How It Works in Finance, and Example

Let the buyer beware

Regulatory body for competition policy

What is Ceteris Paribus, Explanation

Definition & Advantages of Cheque | What is a Cheque?

Customer Information File number used by banks

What is Claim Settlement Ratio, Calculator, and Importance

Economic theories from Adam Smith and his followers

An economy that does not engage in international trade

Real estate that is used for business purposes

Definition, Explanation and How Commodities are traded in India?

Definition, Origin, and the Difference Between Communism and Socialism

A legal entity formed by a group of individuals to engage in business

Definition & Advantages of Company Limited By Shares

Products that are used together

What it is and the Formula of Compound Interest

Definition & Advantages of Conglomerate | What is Conglomerate?

The main account of the Government of India

Products bought for consumption by the average consumer

A social and economic order that encourages consumption

Definition and Explanation

A type of bond that can be converted into shares

What is Conveyance, Types, and Example

Definition and How it Works

The reorganization of a company's outstanding obligations

The area of finance dealing with funding and capital structure

Tax imposed on the income or capital of corporations

Definition, How it Works, and Types of Corporations in India

Definition & Advantages of Corpus | What is Corpus?

Definition, Examples, Types

The cost of funds used for financing a business

The effective rate that a company pays on its current debt

Definition, Types, Formula

Definition and How it Works

The relationship between borrowing and lending

Definition & Advantages of Credit Card | What is Credit Card?

Definition & Advantages of Credit Money | What is Credit Money?

The possibility of a loss resulting from a borrower's failure to repay

Definition, How it Works

Definition, How it works, and legal status in India

Definition, Process, Benefits

Definition and the Origin of the Currency

Definition, How it Works, and Types

A financial institution that holds customers' securities

Definition, Explanation, and Types of Customers

Unemployment that rises during economic downturns

Definition and Process

Definition and Life Cycle

A person who buys and sells securities or commodities

Definition & Advantages of Debit | What is Debit?

Definition & Advantages of Debit Note

Definition & Advantages of Debt

Measures a company's ability to service its debt

A person or entity that owes money

Portion of employee's compensation postponed to a future date

Payment received for goods or services not yet delivered

The amount by which expenses exceed revenue

No longer existing or functioning

Definition & Advantages of Delivery Trading

What Is Demand Deposit

A negotiable instrument used for effecting transfer of money

A table showing the quantity demanded at different prices

Economic growth potential from shifts in age structure

The act of stripping a currency unit of its status as legal tender

The using up of a natural resource

Money placed in an account or the act of giving testimony

The reduction in value of an asset over time

What it is, Explanation, and Cause of Depression in Economy

Demand for a good that arises from demand for another good

The deliberate downward adjustment of a currency's value

Definition and the Types of Digital Marketing Channels

Costs that can be directly attributed to producing specific goods

What is Direct Tax?, Definition & Advantages of Direct Tax

The act of paying out money

Definition, its Causes, Impact and Forms of Disguised Unemployment

The action of an organization selling off assets

Definition & Advantages of Dispersion | What is Dispersion?

A chain of businesses through which a good passes

The partial or full disposal of an investment

The fraction of net income paid to shareholders

The levying of tax by two or more jurisdictions on the same income

What is dumping, Dumping in Indian Economics, and Types

Definition & Advantages of Earnest Money | What is Earnest Money?

What is earning yield, how it works, and how it helps investors

A company's net profit divided by outstanding shares

Definition & Advantages of Easement

A measure of a company's operating profitability

What is Economically Weaker Section EWS?

Definition and Importance of Economics

An electronic payment system

Government e-procurement portal

Definition & Advantages of Elasticity Of Demand | What is Elasticity Of Demand?

Equated Monthly Installment

Salary, fee, or profit from employment or office

Europay, Mastercard and Visa payment technology

A claim against a property by a party that is not the owner

Definition and How Entrepreneur Works

Employee Provident Fund International Gateway Management System

Net income divided by the number of outstanding shares

Ownership interest in a company

What is an Escalator Clause, How it works, and Types

Definition, Benefits, and Tax Implications

Definition, How it Works, and List of Indian Stock Exchange

What is Exempt Income? & Eligibility

Government policy that increases spending or decreases taxes

The cost incurred in or required for something

Direct out-of-pocket costs for a firm

What is Expropriation, Challenge, and Implications

A side effect or consequence of an economic activity

Facebook, Apple, Amazon, Netflix, and Google stocks

Definition & Advantages of Face Value | What is Face Value?

Electronic toll collection system in India

Market sentiment indicator

What is felony, classification of felony

Currency that derives its value from government regulation

A person or organization that acts on behalf of another

The management of money and investments

What is Financial Accounting?, Definition & Types

The process of evaluating financial data

A situation where financial assets lose value

Intentional deception for financial gain

A monetary contract between parties

An entity that acts as middleman between parties

The ability to understand and use financial skills

The possibility of losing money on an investment

What is financial sector, Explanation, and Classification

Records that outline financial activities of a business

The system that enables the transfer of money

Technology used to support banking and financial services

Government revenue collection and expenditure

Business expenses that are not dependent on production levels

A currency whose value is tied to another currency

Definition, Risk of Flipping & How Does it Work | What is Flipping?

Definition & Advantages of FMCG Products | What are FMCG Products?

A mutual fund that invests in a limited number of securities

Global marketplace for trading national currencies

An examination of financial information for legal proceedings

Shares taken back by the company from shareholders

The loss of property as a penalty for wrongdoing

What is Form 16, Parts

Definition of Form 26AS

Definition & Advantages of FPO

Unemployment that occurs when workers search for jobs

The part of a company that interacts with clients

Definition, How it Works, and Difference between Futures and Options

Definition, How it Works, and Benefits

Definition & Advantages of GBP| What is GBP?

A measure of price inflation/deflation

Definition, How it Works, and How to Trade on Gemini

Definition & Advantages of GIC

Goods for which demand increases as price increases

A labor market characterized by short-term contracts

What is Global Innovation Index, and How it Works

The system by which a state is governed

What is gray market, How it works, and How IPO shares are traded

Trade of a commodity through distribution channels

Total income before deductions

Total current assets of a company

Goods and Services Tax

Definition, How it Works, Handles and Foreign Exchange Market

A non-negotiable deadline or limit

A type of numerical average

The original cost of an asset

Definition & Advantages of Holding Company | What is a Holding Company?

Definition, Explanation & Use of Horizontal Line | What is Horizontal Line?

What is Hostile Takeover, How it Works

Extremely rapid or out of control inflation

A very large supermarket

Indian cooperative society

Market structure where firms have some market power

Opportunity costs that do not involve direct monetary payment

Definition & Advantages of Implied Contract | What is Implied Contract?

Tax on goods brought into a country

Definition & Advantages of Imprest | What is Imprest?

Money received, especially on a regular basis

Responsiveness of demand to changes in income

Tax imposed on individuals or entities

The percentage at which income is taxed

Reimbursement of excess tax paid

Document filed with tax authorities

The current holder of an office

Self-employed individual who provides services

Definition and How it Works

Definition & Advantages of India VIX | What is India VIX?

Graph showing combinations of goods

What is Indirect Tax?, Definition & Types

What It Is?, Advantages & Disadvantages

Definition, Classification, and How Investors Use Industry

Goods for which demand decreases as income increases

Accounting method that adjusts for inflation

Definition, Its Impact on Indian Consumers, and What Causes Inflation

When actual GDP exceeds potential GDP

Definition and Explanation

Financial stake in the insured object

Time after premium due date

Definition, Functions, and what is Interest Rate?

Definition & Advantages of Interim Dividend | What is Interim Dividend?

Definition & Advantages of Internal Audit | What is Internal Audit?

The actual worth of an asset

Definition, Types of Investing

The action of investing money for profit

Definition, Role and Responsibilities

Financial services for corporations and governments

What is Invisible Trade, Explanation, and Example

Income Tax Return forms

What It Is and How to Download the Form

Definition and Explanation

Slogan meaning 'Hail the soldier, Hail the farmer'

Bank account owned by two or more individuals

Book of original entry in accounting

Definition & Advantages of Kiosk Banking | What is Kiosk Banking?

Percentage of working-age population in labor force

What is Laffer Curve, and its Impact

The worth of a piece of land

Definition, Valuation, and Importance of Owning a Land

What is Last Traded Price, Impact, Importance

Economic principle relating supply and price

Economic model of price determination

What it is, Explanation, and Reasons of Layoffs

Definition, Evolution from Management, and the Servant Leadership Approach

A contract outlining terms for rental property

The balance in an account at the beginning of each day

Money that must be accepted in payment of debts

Document that guarantees compensation

Definition & Advantages of Leverage | What is Leverage?

Definition & Advantages of Lien | What is Lien?

Order to buy or sell at a specified price

Assets that can be quickly converted to cash

Definition & Advantages of Liquidation | What is Liquidation?

Monetary policy tool of central bank

Definition, How Load Works

Definition, Its Importance, and Elements

Definition, Appointment and Structure

Graphical representation of income distribution

What is a lottery? Advantages and disadvantages of lottery

The difference between cost and selling price

Emergency borrowing facility by RBI

Definition & Advantages of Market | How market works

Definition, Explanation, and Formula

Liquid financial instruments

Definition and Five Concepts of Marketing

Definition & Advantages of MCX Multi Commodity Exchange | What is MCX Multi Commodity Exchange?

What is Mean? how to find the mean in mathematics, and the formula

Economic theory of maximizing exports and minimizing imports

Definition & Advantages of Merchant Banking | What is Merchant Banking?

Ownership stake less than 50% of a subsidiary

Economy with both private and public sectors

The process of budgeting and investing

What It is, Explanation, Types of Monopoly

Appeal to morality to influence behavior

Temporary suspension of activity

Special trading session during Diwali

Definition & Advantages of Multibagger Stocks Multibagger | What is Multibagger Stocks Multibagger?

Definition & Advantages of NABARD

Most liquid forms of money supply

National Do Not Call Registry

Highly liquid assets that are not cash

Law governing negotiable instruments

Total sales minus returns and allowances

Definition & Advantages of Net Worth | What is Net Worth?

Offsetting positions or payments

Policy think tank of Government of India

Assets not expected to convert to cash within a year

Account held by a bank in foreign currency

Replacement of an old contract with a new one

Definition & Advantages of NSDL National Securities Depository Limited | What is NSDL National Securities Depository Limited?

Study or collection of currency

Certificate that building complies with approved plans

Profit from business operations

Revenue from normal business operations

Best debt-to-equity ratio

Common stock with voting rights

Ongoing business expenses

Definition, Importance, and the Role in Portfolio Management

Definition & Advantages of Pac Man | How Pac Man defense strategy works

Amount of money paid by shareholders for shares

Permanent Account Number

Company that owns another company

Instruments used by foreign investors

Income requiring minimal effort to maintain

Person to whom payment is made

What is Payment banks, Example, Advantages

Definition and How it Works

Definition, How it Works

What It is, Explanation, and Pre-Payroll Phase

Group of individuals of similar age or characteristics

Average income per person

Individual human being

Management of individual financial activities

Definition & Advantages of Petition | What is Petition?

Small amount of cash for minor expenses

Definition & Advantages of Physical Capital | What is Physical Capital?

What is PLI Scheme?, Definition & Benefits

Process of selecting investments

Investment in securities

What is Portfolio Management, Objectives, and Types

Objective analysis of economic behavior

Definition, How it Works, and Considerations of Strategic Acquisitions

Shares with preferential rights

What is Previous Year In Income Tax?

Responsiveness of demand to price changes

Based on first impression

Fiscal deficit minus interest payments

What is Priority Sector Lending?, Definition & Categories

What is Private Placement, Time Limit, and Rules

Part of economy owned by private individuals

What It is, Its Importance, and Process

Cost incurred in manufacturing a product

What is Profit Center, How Profit Center Works

Financing of long-term projects

Legal principle preventing withdrawal of promise

Written promise to pay money

Operation and oversight of real estate

What are Property Rights, How to Obtain

Document describing investment offering

What it is, How it Works, and Proxy Statement

Company whose shares are traded publicly

What it is and How it Works

Definition & Advantages of QIP Qualified Institutional Placement

What is Quasi Contract?, Definition & Advantages

Definition, How to Write, and Inclusion

Definition, Goals & Benefits

What is Rationalisation?, Definition & Elements

Definition & Advantages of Raw Materials | What is Raw Materials?

Income adjusted for inflation

Money owed to a company

Definition, Role, and Responsibilities

What is Recession, What Causes It, and Indicators

Definition and Explanation of Red in Finance

What it is, and Explanation of Register

Definition, Explanation, and Types

Compensation for expenses incurred

Insurance purchased by insurance companies

Transfer of money

Cost to replace an asset

Short-term borrowing instrument

Money set aside for future use

What is Retail Banking, Types, Services

What is Retained Earnings?, Definition & Advantages

Benefits provided to retirees

Upward adjustment of currency value

Definition & Advantages of Revenue management

What is Revenue Deficit, Formula, Implications

Auction where buyers bid down prices

What is Risk, Basics of Risk, and Types

Payment for use of property

What it is, Explanation, and Factors to Consider

Definition, what does it measure, and What Affects the S&P 500?

What it is, How it Works, and Types of Sale

Definition, Importance, and Types of Sampling with Example

Definition, Sampling Error, and Different Methods of Sampling

Line of authority from top to bottom

Trader who makes small profits on small price changes

Definition & Advantages of Scarcity | What is Scarcity?

Bank included in the Schedule of RBI Act

Certificate or receipt

What is Security, Explanation, and Types of Security

What is Self Assessment Tax, Who Should Pay

Analysis of how uncertainty affects output

Fee charged for services

What is SGX Nifty?, Definition & Benefits of SGX Nifty

Money invested by shareholders

Document proving share ownership

Owner of shares in a company

Fund established to pay off debt

Definition, How It Works, and Some Tips to Avoid Getting Skimmed

Spoken defamation

What It is, Explanation, Branches of Social Science

Definition, Explanation, and Examples

Business owned by one person

Ability to meet long-term obligations

Ratio measuring ability to service debt

Focus on particular area of activity

Sample formats of tax return forms

Definition & Advantages of Speculation | What is Speculation?

Market for immediate delivery

Definition & Advantages of Square Off | What is Square Off?

Tax on legal documents

What It is, Its Importance, and Formula

Definition, Scope, and Types of Statistics

Legally required audit

Buying and selling of stocks

Definition, Types of Stocks, and Factors to Consider for Investing

Agreement between companies

Legal document ordering attendance

What it is, How it Works, and Its Outcomes

Financial assistance by government

Grant of money from government

New or emerging industry

Additional charge or tax

Person who takes responsibility for debt

Temporary account for unclassified items

What It is, Explanation, Benefits of Sustainability in Business

What is Swap, Types, Uses, Example

Account that automatically transfers funds

Trading strategy holding positions for days

Definition, How it Works, and Drawbacks

Definition and Explanation

Risk affecting entire market

What is TAN, Structure, Who can Apply

Professional who provides tax advice

What is TDS, How it Works, Advantages

What is Tax Planning?, Importance & Benefits

Definition & Advantages of Taxation

Definition & Advantages of Tender | What is a Tender?

What is Tenement, and The History of Tenements in India

Loan for specific period

Symbol representing stock

Abbreviation for trading stocks

Definition & Advantages of Ticker Tape | What is Ticker Tape?

Concept that money is worth more now

Stocks with highest price increases

Total satisfaction from consumption

What is Trade Credit, Its Benefits, and Potential Risks

When imports exceed exports

Buying and selling of financial instruments

Software for trading securities

Definition, Explanation, and Types of Transactions

Pricing of transactions between related entities

Person who transfers property

List of all account balances

Employment that is inadequate

Key Sections and Deductions

Definition and Example

Definition, Mechanisms, and advantages

Definition and Explanation of Underwater

Who is Underwriter, and what does he do?

Definition & Advantages of Underwriting | What is Underwriting?

Definition, How it works, and why it matters

What is Unit Cost, Formula, and Example

Risk specific to a company or industry

Definition & explanation of Value | What is Value?

Costs that vary with production level

What is Vested Interest, and its Explanation

Payment card issued by Visa Inc.

Account held by foreign bank in domestic bank

Definition, Advantages & Disadvantages of Voucher

Investment advisory service

Average that takes into account relative importance

What It is, Explanation

Health, happiness, and prosperity

Study of how allocation affects social welfare

Document recording bank deposit

Tool for filtering stocks

Definition & Advantages of Amortization | What is Amortization?

Legal relationship involving property

Numerical representation of creditworthiness

Electronic verification system

Initial Public Offering

External factors affecting business

Economic principle about satisfaction

Civil wrongs and legal remedies

Legitimate telemarketing calls

Definition, Types, and How to Write White Paper

Banking services for large clients

Sale of goods in large quantities

Short-term assets minus short-term liabilities

Period from beginning of year to current date

Definition, How it Works, and Example

A debt security that doesn't pay interest

What it is, External Risk to Zombies Company, and its Effect on the Economy