Examlex
In Six Sigma terminology, a defect is any mistake or error that is passed on to the customer.
Preferential Tax Rates
Lower tax rates applied to specific types of income, such as capital gains or qualified dividends, which are taxed at a different rate than ordinary income.
Capital Gains
The profit from the sale of property or an investment when the selling price exceeds the original purchase price.
Capital Losses
The loss incurred when a capital asset (like stocks or real estate) is sold for less than its purchase price.
Capital Gain Distributions
The payments made to mutual fund shareholders from the fund's sale of stocks or assets, subject to capital gains taxes.
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