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Tax credit |
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Tax creditA provision of the tax code that specifies an amount by which a taxpayer's taxes will be reduced in return for some behavior.Tax creditA direct dollar-for-dollar reduction in tax allowed for expenses such as child care and R&D for building low-income housing. Compare tax deduction.Tax credit Similar MatchesAccredited investorAccredited investorRefers to an individual whose net worth, or joint net worth with a spouse, exceeds $1,000,000; or whose individual income exceeded $200,000 or whose joint income with a spouse exceeded $300,000 in each of the 2 most recent years and can be expected to meet that income in the current year. More details of the definitions for investors other that individuals are found in Regulation D of the Securities and Exchange Commission. Crediting rateCrediting rateThe interest rate offered on an investment type insurance policy. Credit clearingCredit clearingA system for the distribution of bank giro credits and other credits between banks to enable funds to be transferred into specified accounts. CreditCreditA measurement of a person's ability to pay bills on time. Several companies track individuals' credit histories by detailing late or missed payments on loans, credit cards and other debts. Standby letter of creditStandby letter of creditAgreement to guarantee invoice payments to a supplier; a standby LOC promises to pay the seller if the buyer fails to pay. Further SuggestionsCredit linked securityRevocable letter of credit Best interests of creditors test Credit Standards National Credit Union Administration Creditor nation Retail credit Credit agencies Credit period Close end credit Bank Letter of Credit Policy Credit union Financial institution buyer credit policy Confirmed Letter of Credit Federal Intermediate Credit Bank creditor days Purpose credit credit insurance Loose credit Domestic credit Eurocredits children's tax credit Backup Line of Credit Credit checks Commodity Credit Corporation |
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