Tax Glossary - The Complete Guide

Tax Dictionary - Know the meaning of tax jargons

However, understanding tax terms can make dealing with them, less stressful. Use Tax2win Tax Dictionary to help clarify any confusion while filing income tax.

A

Aadhaar: What is Aadhar Card, Eligibility, Benefits
Absorption Costing
Acceptance: What It is, Explanation, Example
Accounting - Definition & Advantages of Accounting | What is Accounting?
Accounting Cycle
Accounting Principles
Accrual Accounting
Accrued Income: What is Accrued Income, Examples, Advantages
Accumulated Depreciation - Definition & Advantages of Accumulated Depreciation
Acid Test Ratio
Acquisition - Definition & Advantages of Acquisition
Advance Payment
Advance Tax: What is Advance Tax, Eligibility, Benefits
Affiliate Marketing: What it is and how it works
Allotment
Altcoin
Amalgamation: Definition & Advantages of Amalgamation | What is Amalgamation?
Amendment: Definition and the Explanation
Anchoring: Definition, How it Works, and Example
Annual Budget
Apportionment
Appreciation: Definition, How it Works, and Appreciation vs Depreciation
Artificial Intelligence: Definition, How it Works
Assessee: Assessee Meaning, Types
Assessment Year (AY): Meaning, Example
Asset
Atm Card - Definition & Advantages of Atm Card | What is Atm Card?
Audit Trail
Audit: Definition, Types, and Importance
Austerity
Authorised Capital
Average Cost
Average Propensity to Consume

B

Backward Integration: What is Backward Integration, its Benefits, and example
Bad Debt
Balance of Trade
Balance Sheet: Definition, How it Works and Components
Bancassurance
Banking: What is Banking, How it Works, Types
Barcode: Definition, How it Works, and Types
Barter System
Base Year
Basel Iii
Bear Hug: What is Bear Hug, Explanation, and Example
Bear: What is Bear in Stock Market, How Bear Profits, and Bearish Characteristics
Below Poverty Line (BPL): What is BPL, Features, Advantages
Beneficial Owner
Beneficiary
Beta: What it is, How it is used by Investors, and Values of Beta
Big Data: Definition, How it Works, Advantages and Disadvantages
Bill Of Entry - Definition & Advantages of Bill Of Entry | What is Bill Of Entry?
Bill Of Exchange - What is Bill Of Exchange?, Definition & Advantages
Binary Option: What is binary option, binary option in India, and example
Bitcoin: Definition and How Bitcoin Mining Works
Block - Definition & Advantages of Block | What is Block?
Bonus Issue
Book Building - Definition & Advantages of Book Building
Boot - Definition & Advantages of Boot | What is Boot?
Boutique: What is Boutique and How it Works
Bubble: What it is and How it Works
Bucket: Definition, How It Works, and Types of Bucket Strategy
Bucketing: Definition, Explanation, and Legitimate Use of It
Budget Deficit: What is Budget Deficit, Formula, Types
Bull Market
Bull: Definition, Explanation, and Characteristics
Bureaucracy
Business Cycle
Business Economics
Business: Definition, How Business Works, and Types
Buyback: What is Buyback, Types, Specifications

C

Cag Comptroller And Auditor General Of India
Call Money
Capital
Capital Account - Definition & Advantages of Capital Account | What is a Capital Account?
Capital Adequacy Ratio
Capital Expenses
Capital Formation
Capital Gain
Capital Gearing
Capital Investment
Capital Rationing
Capital Structure
Capitalize: What is Capitalize, Explanation, and Benefits
Cash Book - Definition & Advantages of Cash Book | What is a Cash Book?
Cash Cow
Cash Credit: Definition & Advantages of Cash Credit | What is Cash Credit?
Cash Equivalents: What is Cash Equivalents, Types, and Impact on the company
Cash Flow Statement: Definition, How It Used, and Its Structure
Cash Transaction - What is Cash Transaction?, Definition & Examples
Catalyst: Definition, How It Works in Finance, and Example
Caveat Emptor
CCI (Competition Commission of India)
Ceteris Paribus: What is Ceteris Paribus, Explanation
Cheque - Definition & Advantages of Cheque | What is a Cheque?
CIF Number
Claim Settlement Ratio: What is Claim Settlement Ratio, Calculator, and Importance
Classical Economics
Closed Economy
Commercial Property
Commodities: Definition, Explanation and How Commodities are traded in India?
Communism: Definition, Origin, and the Difference Between Communism and Socialism
Company
Company Limited By Shares - Definition & Advantages of Company Limited By Shares
Complementary Goods
Compound Interest: What it is and the Formula of Compound Interest
Conglomerate - Definition & Advantages of Conglomerate | What is Conglomerate?
Consolidated Fund of India
Consumer Goods
Consumerism
Continentals: Definition and Explanation
Convertible Debenture
Conveyance: What is Conveyance, Types, and Example
Copyright: Definition and How it Works
Corporate Debt Restructuring
Corporate Finance
Corporate Tax
Corporation: Definition, How it Works, and Types of Corporations in India
Corpus - Definition & Advantages of Corpus | What is Corpus?
Cost Accounting: Definition, Examples, Types
Cost of Capital
Cost Of Debt
Cost Of Labour: Definition, Types, Formula
Cover: Definition and How it Works
Credit and Debt
Credit Card - Definition & Advantages of Credit Card | What is Credit Card?
Credit Money - Definition & Advantages of Credit Money | What is Credit Money?
Credit Risk
Cross: Definition, How it Works,
Cryptocurrency: Definition, How it works, and legal status in India
CTS Cheque Truncation System: Definition, Process, Benefits
Currency: Definition and the Origin of the Currency
Current Account: Definition, How it Works, and Types
Custodian
Customer: Definition, Explanation, and Types of Customers
Cyclical Unemployment

D

Data Analytics: Definition and Process
Data Science: Definition and Life Cycle
Dealer
Debit - Definition & Advantages of Debit | What is Debit?
Debit Note - Definition & Advantages of Debit Note
Debt - Definition & Advantages of Debt
Debt service coverage ratio (DSCR)
Debtor
Deferred Compensation
Deferred Revenue
Deficit
Defunct
Delivery Trading - Definition & Advantages of Delivery Trading
Demand Deposit What Is Demand Deposit
Demand Draft
Demand Schedule
Demographic Dividend
Demonetization
Depletion
Deposition
Depreciation
Depressed: What it is, Explanation, and Cause of Depression in Economy
Derived Demand
Devaluation
Digital Marketing: Definition and the Types of Digital Marketing Channels
Direct Cost
Direct Tax - What is Direct Tax?, Definition & Advantages of Direct Tax
Disbursement
Disguised Unemployment - Definition, its Causes, Impact and Forms of Disguised Unemployment
Disinvestment
Dispersion in Investment - Definition & Advantages of Dispersion | What is Dispersion?
Distribution Channel
Divestment
Dividend Payout Ratio
Double Taxation
Dumping: What is dumping, Dumping in Indian Economics, and Types

E

Earnest Money - Definition & Advantages of Earnest Money | What is Earnest Money?
Earning Yield: What is earning yield, how it works, and how it helps investors
Earnings Per Share
Easement - Definition & Advantages of Easement
Ebitda Margin
Economically Weaker Section Ews - What is Economically Weaker Section Ews?
Economics: Definition and Importance of Economics
ECS (Electronic Clearance Service)
eKharid
Elasticity Of Demand - Definition & Advantages of Elasticity Of Demand | What is Elasticity Of Demand?
EMI
Emolument
EMV
Encumbrance
Entrepreneur: Definition and How Entrepreneur Works
EPFiGMS
EPS (Earnings Per Share)
Equity
Escalator Clause: What is an Escalator Clause, How it works, and Types
Ex Gratia Payment: Definition, Benefits, and Tax Implications
Exchange: Definition, How it Works, and List of Indian Stock Exchange
Exempt Income - What is Exempt Income? & Eligibility
Expansionary Fiscal Policy
Expenses
Explicit Costs
Expropriation: What is Expropriation, Challenge, and Implications
Externality

F

FAANG
Face Value - Definition & Advantages of Face Value | What is Face Value?
Fastag
Fear and Greed Index
Felony: What is felony, classification of felony
Fiat Money
Fiduciary Meaning
Finance
Financial Accounting - What is Financial Accounting?, Definition & Types
Financial Analysis
Financial Crisis
Financial Fraud
Financial Instrument
Financial Intermediary
Financial Literacy
Financial Risk
Financial Sector: What is financial sector, Explanation, and Classification
Financial Statements
Financial System
Financial Technology
Fiscal Policy
Fixed Cost
Fixed Exchange Rate
Flipping - Definition, Risk of Flipping & How Does it Work | What is Flipping?
FMCG Products - Definition & Advantages of FMCG Products | What are FMCG Products?
Focused Fund
Foreign Exchange Market
Forensic Audit
Forfeited Share
Forfeiture
Form 16: What is Form 16, Parts
Form 26AS - Definition of Form 26AS
FPOFull Form - Definition & Advantages of FPO
Frictional Unemployment
Front Office
Futures: Definition, How it Works, and Difference between Futures and Options

G

Gantt Chart: Definition, How it Works, and Benefits
GBP - Definition & Advantages of GBP| What is GBP?
GDP Deflator
Gemini Exchange: Definition, How it Works, and How to Trade on Gemini
Gic Full Form Guaranteed Investment Certificate - Definition & Advantages of Gic
Giffen goods
Gig Economy
Global Innovation Index: What is Global Innovation Index, and How it Works
Government And Policy
Gray Market: What is gray market, How it works, and How IPO shares are traded
Grey Market
Gross Total Income
Gross Working Capital
GST

H

Handle: Definition, How it Works, Handles and Foreign Exchange Market
Hard Stop
Harmonic Mean
Historical Cost
Holding Company - Definition & Advantages of Holding Company | What is a Holding Company?
Horizontal Line - Definition, Explanation & Use of Horizontal Line | What is Horizontal Line?
Hostile Takeover: What is Hostile Takeover, How it Works
Hyperinflation
Hypermarket

I

Iffco Indian Farmers Fertilizer Cooperative Limited
Imperfect Competition
Implicit Cost
Implied Contract - Definition & Advantages of Implied Contract | What is Implied Contract?
Import Duty
Imprest - Definition & Advantages of Imprest | What is Imprest?
Income
Income Elasticity of Demand
Income tax
Income Tax Rate
Income Tax Refund
Income Tax Return
Incumbent
Independent Contractor
Indexing: Definition and How it Works
India Vix - Definition & Advantages of India Vix | What is India Vix?
Indifference Curve
Indirect Tax - What is Indirect Tax?, Definition & Types
Industrialization: What It Is?, Advantages & Disadvantages
Industry: Definition, Classification, and How Investors Use Industry
Inferior Goods
Inflation Accounting
Inflation: Definition, Its Impact on Indian Consumers, and What Causes Inflation
Inflationary Gap
Instrument: Definition and Explanation
Insurable Interest
Insurance Grace Period
Interest: Definition, Functions, and what is Interest Rate?
Interim Dividend - Definition & Advantages of Interim Dividend | What is Interim Dividend?
Internal Audit - Definition & Advantages of Internal Audit | What is Internal Audit?
Intrinsic Value
Investing: Definition, Types of Investing
Investment
Investment Banker: Definition, Role and Responsibilities
Investment Banking
Invisible Trade: What is Invisible Trade, Explanation, and Example
ITR forms
ITR-V: What It Is and How to Download the Form

J

Jackpot: Definition and Explanation
Jai Jawan Jai Kisan
Joint Account
Journal

K

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

L

Labour Force Participation Rate
Laffer Curve: What is Laffer Curve, and its Impact
Land Value
Land: Definition, Valuation, and Importance of Owning a Land
Last Traded Price (LTP): What is Last Traded Price, Impact, Importance
Law of Supply
Law of Supply and Demand
Layoff: What it is, Explanation, and Reasons of Layoffs
Leadership: Definition, Evolution from Management, and the Servant Leadership Approach
Lease
Ledger Balance
Legal Tender
Letter of Indemnity
Leverage - Definition & Advantages of Leverage | What is Leverage?
Lien - Definition & Advantages of Lien | What is Lien?
Limit Order
Liquid Assets
Liquidation - Definition & Advantages of Liquidation | What is Liquidation?
Liquidity Adjustment Facility
Load: Definition, How Load Works
Logo: Definition, Its Importance, and Elements
Lokayukta: Definition, Appointment and Structure
Lorenz Curve
Lottery: What is a lottery? Advantages and disadvantages of lottery

M

Margin
Marginal Standing Facility
Market - Definition & Advantages of Market | How market works
Market Share: Definition, Explanation, and Formula
Marketable Securities
Marketing: Definition and Five Concepts of Marketing
MCX Multi Commodity Exchange - Definition & Advantages of MCX Multi Commodity Exchange | What is MCX Multi Commodity Exchange?
Mean - What is Mean? how to find the mean in mathematics, and the formula
Mercantilism
Merchant Banking - Definition & Advantages of Merchant Banking | What is Merchant Banking?
Minority Interest
Mixed Economic System
Money Management
Monopoly: What It is, Explanation, Types of Monopoly
Moral Suasion
Moratorium
Muhurat Trading
Multibagger Stocks Multibagger - Definition & Advantages of Multibagger Stocks Multibagger | What is Multibagger Stocks Multibagger?

N

NABARD - Definition & Advantages of NABARD
Narrow Money
NDNC Registry
Near Money
Negotiable Instrument Act
Net Sales
Net Worth - Definition & Advantages of Net Worth | What is Net Worth?
Netting
NITI Aayog
Noncurrent Assets
Nostro Account
Novation
Nsdl National Securities Depository Limited - Definition & Advantages of Nsdl National Securities Depository Limited | What is Nsdl National Securities Depository Limited?
Numismatics

O

Occupancy Certificate
Operating Profit
Operating Revenue
Optimal Capital Structure
Ordinary Shares
Overhead
Overlay: Definition, Importance, and the Role in Portfolio Management

P

Pac Man - Definition & Advantages of Pac Man | How Pac Man defense strategy works
Paid Up Capital
PAN
Parent Company
Participatory Notes
Passive Income
Payee
Payment Banks: What is Payment banks, Example, Advantages
Payment: Definition and How it Works
PayPal: Definition, How it Works
Payroll: What It is, Explanation, and Pre-Payroll Phase
Peer Group
Per Capita Income
Person
Personal Finance
Petition - Definition & Advantages of Petition | What is Petition?
Petty Cash
Physical Capital - Definition & Advantages of Physical Capital | What is Physical Capital?
PLI Scheme - What is PLI Scheme?, Definition & Benefits
Portfolio Construction
Portfolio Investment
Portfolio Management: What is Portfolio Management, Objectives, and Types
Positive Economics
Predator: Definition, How it Works, and Considerations of Strategic Acquisitions
Preference Shares
Previous Year - What is Previous Year In Income Tax?
Price Elasticity Of Demand
Prima Facie
Primary Deficit
Priority Sector Lending - What is Priority Sector Lending?, Definition & Categories
Private Placement: What is Private Placement, Time Limit, and Rules
Private Sector
Procurement: What It is, Its Importance, and Process
Production Cost
Profit Center: What is Profit Center, How Profit Center Works
Project Finance
Promissory Estoppel
Promissory Note
Property Management
Property Rights: What are Property Rights, How to Obtain
Prospectus
Proxy: What it is, How it Works, and Proxy Statement
Public Company
Put Call Ratio: What it is and How it Works

Q

Qip Qualified Institutional Placement - Definition & Advantages of Qip Qualified Institutional Placement
Quasi Contract - What is Quasi Contract?, Definition & Advantages
Quotation: Definition, How to Write, and Inclusion

R

Ratio Analysis - Definition, Goals & Benefits
Rationalisation - What is Rationalisation?, Definition & Elements
Raw Materials - Definition & Advantages of Raw Materials | What is Raw Materials?
Real Income
Receivables
Receiver: Definition, Role, and Responsibilities
Recession: What is Recession, What Causes It, and Indicators
Red: Definition and Explanation of Red in FInance
Register: What it is, and Explanation of Register
Regression: Definition, Explanation, and Types
Reimbursement
Reinsurance
Remittance
Replacement Cost
Repo Repurchase Agreement
Reserve Fund
Retail Banking: What is Retail Banking, Types, Services
Retained Earnings - What is Retained Earnings?, Definition & Advantages
Retirement Benefits
Revaluation
Revenue - Definition & Advantages of Revenue management
Revenue Deficit: What is Revenue Deficit, Formula, Implications
Reverse Auction
Risk: What is Risk, Basics of Risk, and Types
Royalty
Run: What it is, Explanation, and Factors to Consider

S

S&P 500 Index: Definition, what does it measure, and What Affects the S&P 500?
Sale: What it is, How it Works, and Types of Sale
Sample: Definition, Importance, and Types of Sampling with Example
Sampling: Definition, Sampling Error, and Different Methods of Sampling
Scalar Chain
Scalper
Scarcity - Definition & Advantages of Scarcity | What is Scarcity?
Scheduled Bank
Scrip
Security: What is Security, Explanation, and Types of Security
Self Assessment Tax: What is Self Assessment Tax, Who Should Pay
Sensitivity Analysis
Service Charge
SGX Nifty - What is SGX Nifty?, Definition & Benefits of Sgx Nifty
Share Capital
Share Certificate
Shareholder
Sinking Fund
Skimming: Definition, How It Works, and Some Tips to Avoid Getting Skimmed
Slander
Social Science: What It is, Explanation, Branches of Social Science
Soft Skills: Definition, Explanation, and Examples
Sole Proprietorship
Solvency
Solvency Ratio
Specialization
Specimens of different ITR form
Speculation: Definition & Advantages of Speculation | What is Speculation?
Spot Market
Square Off - Definition & Advantages of Square Off | What is Square Off?
Stamp Duty
Standard Deviation: What It is, Its Importance, and Formula
Statistics: Definition, Scope, and Types of Statistics
Statutory Audit
Stock Trading
Stocks: Definition, Types of Stocks, and Factors to Consider for Investing
Strategic Alliance
Subpoena
Subscribed: What it is, How it Works, and Its Outcomes
Subsidy
Subvention Meaning
Sunrise Industry
Surcharge
Surety
Suspense Account
Sustainability: What It is, Explanation, Benefits of Sustainability in Business
Swap: What is Swap, Types, Uses, Example
Sweep Account
Swing Trading
Switching: Definition, How it Works, and Drawbacks
SWOT Analysis: Definition and Explanation
Systematic Risk

T

U

Underemployment
Understanding Chapter VI-A: Key Sections and Deductions
Understanding Computation of Income: Definition and Example
Understanding the White Revolution: Definition, Mechanisms, and advantages
Underwater: Definition and Explanation of Underwater
Underwriter: Who is Underwriter, and what does he do?
Underwriting - Definition & Advantages of Underwriting | What is Underwriting?
Unicorn: Definition, How it works, and why it matters
Unit Cost: What is Unit Cost, Formula, and Example
Unsystematic Risk

V

Value - Definition & explanation of Value | What is Value?
Variable Cost
Vested Interest: What is Vested Interest, and its Explanation
Visa Card
Vostro Account
Voucher - Definition, Advantages & Disadvantages of Voucher

Y

Year to Date, YTD
Yo Yo: Definition, How it Works, and Example

Z

Zero Coupon Bond
Zombies: What it is, External Risk to Zombies Company, and its Effect on the Economy

Tax Dictionary - Know the meaning of tax jargons

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D

E

F

G

H

I

J

K

L

M

N

O

P

Q

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Y

Z