Back Forward Glossary A-Z Index Close Window Back to Top Close Window
Questions?
  Glossaryprint
A | B | C | D | E | F | G | H | I | J | K | L | M | N |
O | P | Q | R | S | T | U | V | W | X | Y | Z |
1 | 3 | 4 | 5

Definitions by InvestorWords.com
  What is...?
tax credit
The direct dollar-for-dollar reduction of an individual's tax liability; as opposed to a tax deduction, which reduces an individual's tax liability only in proportion to his/her tax bracket. see also credit, enterprise zone, Unified Tax Credit.
Copyright ©2009 by InvestorGuide.com.
All Rights Reserved.