INCOME AFTER TAXES Definition

Bookmark and Share

INCOME AFTER TAXES is the net profit earned by the company after deducting all expenses like interest, depreciation and tax. PAT can be fully retained by a company to be used in the business. Dividends, if declared, are paid to the share holders from this residue.

Learn new Accounting Terms

TRADE DISCOUNT is a producer discount given to retail trade members to assist them in increasing sales of the producers product.

WHOLE LOAN is a mortgage pass-through or CMO backed by non-agency, single-family home mortgages.

Suggest a Term

Enter Search Term

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