Deductions and Default: Difference between pages

Revision as of 14:19, 23 October 2012

Failure to honour the terms of an agreement; for example a loan agreement.

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-#Amount of money subtracted from an account or from any amount payable/receivable, to pay for services, goods or taxes.
+Failure to honour the terms of an agreement; for example a loan agreement.
-#''Tax.'' Amounts for which tax relief is given.  Most often by subtracting the deductions from (otherwise) taxable profits, before calculating the amount of tax payable on the net taxable profits.
 == See also ==
-* [[Tax credit]]
+* [[Acceleration]]
-* [[Tax relief]]
+* [[Credit event]]
+* [[Cross default]]
+* [[Deletion]]
+* [[Event of default]]
+* [[Grace period]]
+* [[Loan agreement]]
+* [[Materiality]]
+* [[Non-performing loan]]
-[[Category:Accounting,_tax_and_regulation]]