Examlex
The observation that the number of transistors built onto a computer chip doubles every 18 months is known as:
Tax Due
The amount of tax liability one owes to a tax authority after all calculations are completed.
Wash Sale Rules
IRS regulations that disallow the claim of a loss on the sale of a security if a substantially identical security is purchased within a 30-day period before or after the sale.
Securities
Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
Like-Kind Exchange
A tax deferral for the exchange of business or investment properties that are of the same nature or character, without cash being involved.
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