fixed rate tax

fixed term reverse mortgage

Definition

A tax that is set at a certain amount and does not vary according to the value of the item being taxed. For example, U.S. consumers pay a federal tax on gasoline at the pump that is levied on a per gallon basis. Compare to Ad Valorem Tax.

Recommended Articles from InvestorGuide.com

Related Videos

Featured Advertiser

Nearby Terms

Tools
Email
Print
Cite
Link

Popular 'Bonds' Terms

Browse by Letter: #A B C D E F G H I J K L M N O P Q R S T U V W X Y Z