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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 MatchesCreditor daysCreditor daysA ratio used to work out how many days on average it takes a company to pay its creditors. Calculated by dividing the trade creditors shown in its accounts by its sales, and then multiplying by 365.E.g. A company with creditors of £900,000 and sales of £12m, takes an average 27.37 days to pay its bills.Within reason, the higher the number the better, although if a company is very slow in paying its creditors (say 100 days plus) it is worth asking if this is because it has problems generating enough cash quickly enough to pay them. Unified tax creditUnified tax creditA federal tax credit that reduces tax liability, dollar for dollar, on lifetime gifts and asset transfers at death. Eurocredit marketEurocredit marketComprises banks that accept deposits and provide loans in large denominations and in a variety of currencies. The banks that constitute this market are the same banks that constitute the Eurocurrency market; the difference is that Eurocredit loans are longer-term than so-called Eurocurrency loans. Unified tax creditUnified tax creditA federal tax credit which may be deducted from estate tax and gift tax liability. Credit periodCredit periodThe time frame for which the lender agrees to provide you with credit. Further Suggestionscredit insurancecredit clearing Federal Intermediate Credit Bank Line of credit Usance Letter of Credit Eurocredits Credit spread National Foundation for Consumer Credit creditors Domestic credit Export credit Equity Line Of Credit Credit checks Federal credit agencies National Credit Union Administration Federal Farm Credit Bank Commercial letters of credit credit union Credit history Transferable letter of credit Credit analysis credit rating credit note Export Credits Guarantee Department Credit |
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