Corporate taxable equivalent
Rate of return required on a par bond to produce the same after-tax yield to maturity that the premium or discount bond quoted would. |
Similar financial terms
Corporate sectorSecurities issued by U.S. corporations and non-U.S. corporations in the United States. Includes bonds, MTNs, structured notes and commercial paper. The corporate sector is divided into investment grade and non-investment grade sectors by rating agencies such as Moody’s and S&P.
Corporate acquisition
The acquisition of one firm by anther firm.
Corporate bonds
Debt obligations issued by corporations.
Corporate charter
A legal document creating a corporation.
Corporate finance
One of the three areas of the discipline of finance. It deals with the operation of the firm (both the investment decision and the financing decision) from that firm's point of view.
Corporate financial management
The application of financial principals within a corporation to create and maintain value through decision making and proper resource management.
Corporate financial planning
Financial planning conducted by a firm that encompasses preparation of both long- and short-term financial plans.
Corporate processing float
The time that elapses between receipt of payment from a customer and the depositing of the customer's check in the firm's bank account; the time required to process customer payments.
Corporate tax view
The argument that double (corporate and individual) taxation of equity returns makes debt a cheaper financing method.
Corporate Social Responsibility
CSR stands for corporate social responsibility. Some companies defines corporate social responsibility as open and transparent business practices based on ethical values and respect for its stakeholders.
Taxable transaction
Any transaction that is not tax-free to the parties involved, such as a taxable acquisition.
Taxable income
Gross income less a set of deductions such as allowances, deeds of covenants, and losses.
Taxable acquisition
A merger or consolidation that is not a tax-fee acquisition. The selling shareholders are treated as having sold their shares.
Bond equivalent yield
Bond yield calculated on an annual percentage rate method. Differs from annual effective yield.
Bond-equivalent basis
The method used for computing the bond-equivalent yield.
Bond-equivalent yield
The annualized yield to maturity computed by doubling the semiannual yield.
Cash and equivalents
The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and Banker's Acceptances. Cash equivalents on balance sheets include securities (e.g., notes) that mature within 90 days.
Cash equivalent
A short-term security that is sufficiently liquid that it may be considered the financial equivalent of cash.
Cash-equivalent items
Temporary investments of currently excess cash in short-term, high-quality investment media such as treasury bills and Banker's Acceptances.
Certainty equivalent
An amount that would be accepted in lieu of a chance at a possible higher, but uncertain, amount.
Common stock equivalent
A convertible security that is traded like an equity issue because the optioned common stock is trading high.
Coupon equivalent yield
True interest cost expressed on the basis of a 365-day year.
