What PRINCIPAL PAYMENTS means: The portion of a loan payment that reduces the outstanding balance of the loan.
- Definition Personal Property Tax:
- Dictionary An annual tax imposed on certain personal property, such as cars or boats, and based on the value of the property principal payments definition.
- Definition Prepaid Expenses:
- Dictionary are expenses that are paid in advance. Cash-basis as well as accrual-basis taxpayers usually are required to capitalize prepayments for rent, insurance, etc. that cover more than one year. Deductions principal payments explain.
- Definition Penalties:
- Dictionary amounts that the IRS may assess at a statutory rate as an addition to a tax deficiency and interest. The tax Code provides for penalties for various infractions, such as underpayment of estimated tax principal payments what is.
- Definition Proprietorship:
- Dictionary An unincorporated business owned by one person. The business owner may have employees working for him or her principal payments meaning.
How works Principal Payments meaning in Tax definitions P .
