anticipation of income

anticipation of income
Pledging income or revenue to accrue. 41 Am J1st Pldg & Col Security § 8. Certificates, bonds, or other instruments of indebtedness to be paid by appropriation of revenues and taxes to accrue in the future. 38 Am J1st Mun Corp § 441.

Ballentine's law dictionary. . 1998.

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  • Refund anticipation loan — A refund anticipation loan (RAL) is a high interest rate short term loan secured by a taxpayer’s expected tax refund, and designed to offer customers quicker access to funds than waiting for their tax refund.United StatesIn the United States, the …   Wikipedia

  • Earned income tax credit — The United States federal Earned Income Tax Credit (EITC or EIC) is a refundable tax credit. For tax year 2007, a claimant with one qualifying child can receive a maximum credit of $2,853. For two or more qualifying children, the maximum credit… …   Wikipedia

  • revenue anticipation note — ( RAN) A short term note sold by a public entity that will be repaid from the proceeds of anticipated nontax income. American Banker Glossary ( RAN) A short term municipal debt issue that will be repaid with anticipated revenues, such as sales… …   Financial and business terms

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  • Tax anticipation bills (TABs) — Special bills that the Treasury occasionally issues that mature on corporate quarterly income tax dates and can be used at face value by corporations to pay their tax liabilities. The New York Times Financial Glossary …   Financial and business terms

  • tax anticipation bills — ( TABs) Special bills that the Treasury occasionally issues that mature on corporate quarterly income tax dates and can be used at face value by corporations to pay their tax liabilities . Bloomberg Financial Dictionary …   Financial and business terms

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