![]() |
|
Financial Terms | |
W-2 Form |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: finance, money, stock trading, accounting, inventory, business, inventory control, tax advisor, |
Definition of W-2 FormW-2 FormA form used to report gross pay and tax deductions for each employee
Related Terms:Accounts payableMoney owed to suppliers. ACCOUNTS PAYABLEamounts a company owes to creditors. Accounts payableamounts owed by the company for goods and services that have been received, but have not yet been paid for. Usually Accounts payable involves the receipt of an invoice from the company providing the services or goods. accounts payableShort-term, non-interest-bearing liabilities of a business Accounts payableAcurrent liability on the balance sheet, representing short-term obligations Accounts Payableamounts due to vendors for purchases on open account, that is, not evidenced Accounts Payable Days (A/P Days)The number of days it would take to pay the ending balance ![]() Accrued expenses payableExpenses that have to be recorded in order for the financial statements to be accurate. Accrued expenses usually do not involve the receipt of an invoice from the company providing the goods or services. accrued expenses payableThe account that records the short-term, noninterest- Accumulated Other Comprehensive IncomeCumulative gains or losses reported in shareholders' After-tax profit marginThe ratio of net income to net sales. After-tax real rate of returnMoney after-tax rate of return minus the inflation rate. Annual reportyearly record of a publicly held company's financial condition. It includes a description of the Annual ReportThe report required by the Stock Exchange for all listed companies, containing the company’s financial statements. Annual reportA report issued to a company’s shareholders, creditors, and regulatory Asymmetric informationInFormation that is known to some people but not to other people. ![]() Asymmetric taxesA situation wherein participants in a transaction have different net tax rates. Auditor's reportA section of an annual report containing the auditor's opinion about the veracity of the Automatic Benefits PaymentAutomatic payment of moneys derived from a benefit. Average tax ratetaxes as a fraction of income; total taxes divided by total taxable income. average tax rateTotal taxes owed divided by total income. Balance of paymentsA statistical compilation Formulated by a sovereign nation of all economic transactions Balance of PaymentsThe difference between the demand for and supply of a country's currency on the foreign exchange market. Balance of Payments AccountsA statement of a country's transactions with other countries. BARRA's performance analysis (PERFAN)A method developed by BARRA, a consulting firm in Base YearThe reference year when constructing a price index. By tradition it is given the value 100. Before-tax profit marginThe ratio of net income before taxes to net sales. ![]() BellwetherA signalling device. Bellwether issuesRelated:Benchmark issues. Bonds payableamounts owed by the company that have been Formalized by a legal document called a bond. Break-even lease paymentThe lease payment at which a party to a prospective lease is indifferent between Break-even payment rateThe prepayment rate of a MBS coupon that will produce the same CFY as that of Break-even tax rateThe tax rate at which a party to a prospective transaction is indifferent between entering CalendarList of new issues scheduled to come to market shortly. Calendar effectThe tendency of stocks to perForm differently at different times, including such anomalies as Capitalized Cost An expenditure or accrual that is reported as an asset to be amortized againstfuture-period revenue. Cash flow after interest and taxesNet income plus depreciation. Cash Flow Provided or Used from Financing ActivitiesCash receipts and payments involving Cash Flow Provided or Used from Investing ActivitiesCash receipts and payments involving Change in Reporting EntityA change in the scope of the entities included in a set of, typically, consolidated financial statements. Cherry PickingSelecting specific assets for sale so as to record desired gains or losses. Clearing House Automated Payments System (CHAPS)A computerized clearing system for sterling funds Clearing House Interbank Payments System (CHIPS)An international wire transfer system for high-value Committee, AIMR Performance Presentation Standards Implementation CommitteeThe Association for Investment Management and Research (AIMR)'s PerFormance Presentation Standards Implementation Common-base-year analysisThe representing of accounting inFormation over multiple years as percentages Common stock/other equityValue of outstanding common shares at par, plus accumulated retained contingent paycompensation that is dependent on the Corporate tax viewThe argument that double (corporate and individual) taxation of equity returns makes Corporate taxable equivalentRate of return required on a par bond to produce the same after-tax yield to cost of production reporta process costing document that Coupon paymentsA bond's interest payments. Current Income Tax ExpenseThat portion of the total income tax provision that is based on Current Tax Payment Act of 1943A federal Act requiring employers to withhold income taxes from employee pay. Customary payout ratiosA range of payout ratios that is typical based on an analysis of comparable firms. Date of paymentDate dividend checks are mailed. Deferred Income Tax ExpenseThat portion of the total income tax provision that is the result Deferred Tax AssetFuture tax benefit that results from (1) the origination of a temporary difference Deferred Tax LiabilityFuture tax obligation that results from the origination of a temporary Deferred taxesA non-cash expense that provides a source of free cash flow. amount allocated during the Delivery versus paymentA transaction in which the buyer's payment for securities is due at the time of Depreciation tax shieldThe value of the tax write-off on depreciation of plant and equipment. depreciation tax shieldReduction in taxes attributable to the depreciation allowance. Direct-Method FormatA Format for the operating section of the cash-flow statement that reports actual cash receipts and cash disbursements from operating activities. Discounted payback period ruleAn investment decision rule in which the cash flows are discounted at an Dividend payout ratioPercentage of earnings paid out as dividends. dividend payout ratioComputed by dividing cash dividends for the year dividend payout ratioPercentage of earnings paid out as dividends. Double-tax agreementAgreement between two countries that taxes paid abroad can be offset against earnings before interest and income tax (EBIT)A measure of profit that Earnings before interest and taxes (EBIT)A financial measure defined as revenues less cost of goods sold Earnings before interest and taxes (EBIT)The operating profit before deducting interest and tax. Earnings before interest, taxes, depreciation and amortization (EBITDA)The operating profit before deducting interest, tax, depreciation and amortization. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)An earningsbased measure that, for many, serves as a surrogate for cash flow. Actually consists of working EBDDT - Earnings before depreciation and deferred taxesThis measure is used principally by Effective Tax RateThe total tax provision divided by pretax book income from continuing Either/or facilityAn agreement permitting a bank customer to borrow either domestic dollars from the Either-way marketIn the interbank Eurodollar deposit market, an either-way market is one in which the bid Electronic Federal Tax Payment Systems (EFTPS)An electronic funds transfer system used by businesses to remit taxes to the government. EmployeeA person who renders services to another entity in exchange for compensation. Employee Retirement Income Security Act of 1974 (ERISA)A federal Act that sets minimum operational and funding standards for employee benefit Employee stock fundA firm-sponsored program that enables employees to purchase shares of the firm's Employee stock ownership plan (ESOP)A company contributes to a trust fund that buys stock on behalf of Employee Stock Ownership Plan (ESOP)a profit-sharing compensation program in which investments are made in Employee Stock Ownership Plan (ESOP)A fund containing company stock and owned by employees, paid for by ongoing contributions by the employer. employee time sheeta source document that indicates, for each employee, what jobs were worked on during the day and for what amount of time End-of-year conventionTreating cash flows as if they occur at the end of a year as opposed to the date Equal Pay Act of 1963A federal Act requiring that both sexes receive equal pay Equivalent taxable yieldThe yield that must be offered on a taxable bond issue to give the same after-tax Expected value of perfect informationThe expected value if the future uncertain outcomes could be known Feasible target payout ratiospayout ratios that are consistent with the availability of excess funds to make Federal agency securitiesSecurities issued by corporations and agencies created by the U.S. government, Federal credit agenciesAgencies of the federal government set up to supply credit to various classes of Federal Deposit Insurance Corporation (FDIC)A federal institution that insures bank deposits. Federal Employer Identification NumberA unique identification number issued Federal Financing BankA federal institution that lends to a wide array of federal credit agencies funds it Federal fundsNon-interest bearing deposits held in reserve for depository institutions at their district federal Federal funds marketThe market where banks can borrow or lend reserves, allowing banks temporarily Federal funds rateThis is the interest rate that banks with excess reserves at a federal Reserve district bank Federal Funds RateThe interest rate at which banks lend deposits at the federal Reserve to one another overnight. Federal Home Loan BanksThe institutions that regulate and lend to savings and loan associations. The Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |