income deficiency
1deficiency — de·fi·cien·cy /di fi shən sē/ n pl cies: an amount that is lacking or inadequate: as a: the difference between the amount of tax owed and the amount of tax paid b: the difference between the amount owed under a security agreement and the amount… …
2deficiency notice — ➔ notice * * * deficiency notice UK US noun [C] (US ► TAX an official document saying that the amount of tax recorded in someone s financial records is less than the tax they actually owe: »The court trimmed the total of his untaxed fraudulent… …
3income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …
4income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …
5deficiency — The amount by which a project s cash flow is not adequate to meet debt service. Bloomberg Financial Dictionary * * * deficiency UK US /dɪˈfɪʃənsi/ noun [C] (plural deficiencies) ► [C] a situation in which something is not as good as it should be …
6deficiency assessment — An assessment of an additional income tax to cover a deficiency in income revealed upon an audit of the return made by the taxpayer. 34 Am J2d Fed Tax ¶¶ 9042, 9125 …
7deficiency — A characteristic term under tax laws for an additional amount owing by a taxpayer. The amount by which the federal estate tax imposed exceeds the amount shown as the tax by the executor upon his return. United States v Kelley (DC Cal) 24 F2d 234 …
8principal deficiency ledger — England, Wales Where the securities, or notes, issued in a securitisation are to be repaid in a single bullet repayment at the end of the transaction, it makes commercial sense that, as long as interest on the notes continues to be paid, losses… …
9Health care system — A health care system is the organization of people, institutions, and resources to deliver health care services to meet the health needs of target populations. There is a wide variety of health care systems around the world, with as many… …
10Tax protester statutory arguments — Part of the Taxation in the United States series Tax protest in the United States …
