tax-exempt
21Tax-Exempt Security — A security in which the income produced is free from federal, state and local taxes. Most tax exempt securities come in the form of municipal bonds, which represent obligations of a state, territory or municipality. For some investors, U.S.… …
22tax-exempt income — dividends and interest not subject to federal and, in some cases, state and local income taxes. Bloomberg Financial Dictionary * * * tax exempt income tax exempt income ➔ income * * * tax exempt income UK US noun [C or U] (also tax free income)… …
23Tax-Exempt Sector — The market niche comprised of investment vehicles exempt from federal taxes. Nearly all investments in this area are municipal bonds, which cannot be taxed owing to the fact that U.S. law forbids the federal government from taxing debt issues… …
24tax-exempt tax-free — nontaxable ontaxable adj. Not subject to taxation; of goods imported into a country or sold at retail outlets; as, most laws imposing sales taxes make food nontaxable. Opposite of {taxable}. [Narrower terms: {duty free}; {tax exempt, tax free};… …
25Tax-Exempt Special Savings Account — In the UK, the Tax Exempt Special Savings Account (TESSA) was one of a number tax free savings accounts. The TESSA was announced by John Major in his only Budget as Chancellor of the Exchequer in 1990 ( a budget for savings ). The TESSA was… …
26Tax-Exempt Commercial Paper — An unsecured short term loan, usually issued to finance short term liabilities, that provides the debt holders (bondholders) some level of tax preference on the earnings from their debt investment at a local, state or federal level, or a… …
27tax exempt securities — Investments that yield income that is tax exempt. Generally, tax exempts are municipal bonds with interest that is not taxed by the federal government. See also tax exempt …
28tax-exempt money market fund — A money market fund that invests in short term tax exempt municipal securities. Bloomberg Financial Dictionary …
29tax-exempt security — An obligation whose interest is tax exempt, often called a municipal bond, offered by a country, state, town, or any political district. Bloomberg Financial Dictionary …
30tax-exempt security — noun a security that is not subject to taxation • Syn: ↑tax exempt • Hypernyms: ↑security, ↑certificate …
