Tax burden noun

the amount of money that a person or an organization loses in tax, either in directly or indirectly. The tax burden of value added tax, for example, falls on the buyers of goods even though the tax is actually paid by traders: The tax burden of VAT is proportionally greater on the poor than the rich.

tax credit noun

a sum of money that reduces a tax bill because that amount has already been paid in tax. (An investor may receive a tax credit on dividends from shares bought from a company that has already paid tax on them): receive a tax credit of 20p per share.

tax exempt noun

1. (of a person, organization, etc) free from having to pay tax: Schools and colleges are usually tax exempt. 2. (of goods or income) free of tax: Child benefit payments are tax exempt.

tax-free adjective

(of a gift, earnings) without tax: My redundancy payment is tax-free.

tax haven noun

a country where taxation is very low and therefore attracts investments from foreigners who wish to escape paying tax. Individuals have bank accounts in tax havens without necessarily living there, and companies open offices: The Bahamas, Monaco and Singapore are tax havens.

tax inspector noun

a person whose job is to decide how much tax individuals and companies should pay, and to stop people evading tax: The tax inspector uncovered the accountant’s fraud.

trade noun

1. the buying and selling of goods, services, currencies or securities: Trade between Britain and Japan is increasing. 2. the buying and selling of particular goods or services: The tourist trade is the country’s main source of income. 3. the amount of buying and selling that occurs: Trade is always good over the Christmas period. 4. the trade the people or a firm involved in a particular kind of business: The exhibition opens to the trade enquiries only. 5. a job, usually a skilled manual job: He needs to learn a tade.

trade verb

1. to buy and sell goods, services or securities: An increasing number of European firms are trading with Japan. 2. (of a business) to function: to continue to exist: The new company trades under the name of Jackson holdings. 3. (stock exchange) (of securities) to be bought and sold: These shares are trading at 115p.

trader noun

a person or an organization that earns money by buying goods and selling them at a profit: Local traders met to discuss plans for the new shopping centre.

trading noun

1. the buying and selling for profit of goods or securities: At the close of trading, share prices had fallen overall. 2. the amount of buying and selling done: Trading was brisk last month.

transaction noun

1. the act of doing business or carrying out a business deal 2. a piece of business done; a deal: He hoped to make a 5% profit on each transaction.

trend noun

a movement in a certain direction; a tendency: Our course follows recent trends in training techniques.

valuation noun

1. (a) estimating the price of something: The estate is undergoing valuation. (b) the estimated worth in money of something: The valuation of ₤250 000 was well below what we expected. 2. (a) estimating the present worth of the assets of a business: The company’s assets are in valuation. (b) the estimated worth of the assets.

value noun

1. the usefulness or importance of something: The value of water far exceeds its price. 2. the worth of something in terms of the money or goods for which it can be exchanged: The value of sterling has fallen.

value verb

to estimate the worth of something: The house has been valued for the mortgage.

valuer verb

a person who estimates the worth of something, esp land or property: The house is being examined by the building society valuer.

Дата добавления: 2014-11-29