- horizontal equity
- horizontal equity UK US noun [U] TAX► the principle that people with a similar ability to pay taxes should pay similar amounts
Financial and business terms. 2012.
horizontal equity
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Horizontal Equity — An economic theory that states that individuals with similar income and assets should pay the same amount in taxes. Horizontal equity should apply to individuals considered equal regardless of the tax system in place. The more neutral a tax… … Investment dictionary
horizontal equity — principle that people of a similar economic status should be taxed equally (Economics) … English contemporary dictionary
Equity (economics) — Equity is the concept or idea of fairness in economics, particularly as to taxation or welfare economics. In welfare economics, equity may be distinguished from economic efficiency in overall evaluation of social welfare. Although equity has… … Wikipedia
Equity — Represents ownership interest in a firm. Also the residual dollar value of a futures trading account, assuming its liquidation at the going market price. The New York Times Financial Glossary * * * equity eq‧ui‧ty [ˈekwti] noun equities… … Financial and business terms
equity — The value of a futures trading account with all open positions valued at the going market price. The CENTER ONLINE Futures Glossary Ownership interest in a firm. Bloomberg Financial Dictionary Also, the residual dollar value ( residual value) of… … Financial and business terms
Equity Style Box — A visual representation of the principle investment characteristics of stocks and stock mutual funds. The style box was created by Morningstar and is a valuable tool for investors to use to determine the risk return structures of their… … Investment dictionary
vertical equity — ➔ equity * * * vertical equity UK US noun [U] ECONOMICS, TAX ► the principle that people who earn more should pay more for something, especially tax: »The paper examines some possibilities for incorporating vertical equity into health care policy … Financial and business terms
International Equity Style Box — A visual representation of the principal investment characteristics of foreign stocks and foreign stock funds. The international equity style box is a valuable tool for investors to use to determine the risk return structures of their… … Investment dictionary
income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… … Universalium
taxation — taxational, adj. /tak say sheuhn/, n. 1. the act of taxing. 2. the fact of being taxed. 3. a tax imposed. 4. the revenue raised by taxes. [1250 1300; < ML taxation (s. of taxatio) an appraising (see TAX, ATION); r. ME taxacioun < AF < ML, as… … Universalium
