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Value added tax |
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Value added taxA tax that is levied only on the value added of a firm. A VAT is usually subject to border tax adjustment.Value added taxAn indirect tax levied on goods and services in the UK. A company or trader registered for VAT pays suppliers VAT additionally to the cost of goods or services purchased which is known as input tax. Also VAT is added to the sales cost of their product when invoicing customers which is known as output tax. The difference between output tax and input tax is payable to the government department, Her Majesty's Customs and Excise.Value added taxMethod of indirect taxation that levies a tax is at each stage of production on the value added at that specific stage.Value added tax Similar MatchesValue quotaValue quotaA quota specifying value -- price times quantity -- of a good. Straight valueStraight valueAlso called investment value, the value of a convertible security without the conversion option. Investment valueInvestment valueApplies mainly to dealer securities. Fixed income value of a convertible, the price at which the convert would have to sell as a straight debt instrument relative to the yield of other bonds of like maturity, or size, and quality; represents a presumed floor to the bond, assuming the continued creditworthiness of the issuer and the general level of interest rates. Bond value. See: conversion value. Stored-value cardStored-value cardA plastic card that has been "loaded" with a certain monetary value and which can be used to make purchases until the value is used up, at which time it can be "reloaded" with additional value and reused. Valued policyValued policyAn insurance policy in which the value of the insured item is defined and agreed at the commencement of the policy. In the event of a total loss the agreed amount is paid by the insurer without the need for further proof of value. Further SuggestionsBase market valueNet present value rule Reinstatement value Theoretical value face amount (face value) cash surrender value F Fair Market Value extrinsic value Time value of money Undervalued security value at risk Extraordinary positive value nominal value Future value Market Value Approach surrender value value Conversion parity or value Transaction value fund value Net adjusted present value Standardized value Value date Time value Imputed value |
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