BASE TAX YEAR Definition

Bookmark and Share

BASE TAX YEAR is the tax year prior to the subject tax year.

Learn new Accounting Terms

FINANCING COST is the difference between the cost of financing the purchase of an asset and the assets cash yield. Positive carry means that the yield earned is greater than the financing cost; negative carry means that the financing cost exceeds the yield earned.

FBWT, in finance, is Fund Balance With Treasury.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.