Financial Dictionary

This dictionary contains:
24549
financial terms

Loophole




Loophole

A legal way of avoiding tax by exploiting part of a law.

RELATED TERMS
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Law
The body of rules which is designed to ensure that the inhabitants of a Jurisdiction will live in harmony.  



SIMILAR TERMS
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Long-term loss
A loss on the sale of a capital asset held less than 12 months that can be used to offset a capital gain.

Look
Used for listed equity securities.

Look thru
A method for calculating US taxes owed on income from controlled foreign corporations that was introduced by the Tax Reform Act of 1986.

Lookback option
An exotic option that allows investors to "look back" at the underlying prices occurring over the life of the option, and then exercise based on the underlying asset's optimal value.

Looking for
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment.

Loophole

Loose credit
Policy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through market operations.

Loss
The opposite of gain.

Loss adjuster
An independent assessor called in by an insurance company to check the validity of claims.

Loss carry back (carry forward)
An accounting technique with which a company retroactively applies net operating losses to a preceding year's income in order to reduce tax liabilities present in that previous year.

Loss control activities
Actions that an insured person or company takes at the instigation of an insurance company in order to prevent accidents or losses.

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This dictionary contains 24549 terms.







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