What Is a Tangible Cost? A tangible cost is a quantifiable cost related to an identifiable source or asset. Tangible costs can be directly connected to a material item used in production or to conduct business operations. Key Takeaways A tangible cost is a quantifiable cost of doing business that is connected to a specific
What Is Tangible Net Worth? Tangible net worth is most commonly a calculation of the value of a company that excludes any value derived from intangible assets such as copyrights, patents, and intellectual property. For an individual, the tangible net worth calculation includes home equity, any other real estate holdings, bank and investment accounts, and
What is Tangible Personal Property? Tangible personal property is a tax term describing personal property that can be physically relocated, such as furniture and office equipment. Tangible personal property is always depreciated over either a five- or seven-year period using straight-line depreciation but is eligible for accelerated depreciation as well. Tangible personal property is anything
What Is There Ain’t No Such Thing as a Free Lunch (TANSTAAFL)? “There ain’t no such thing as a free lunch” (TANSTAAFL), also known as “there is no such thing as a free lunch” (TINSTAAFL), is an expression that describes the cost of decision-making and consumption. The expression conveys the idea that things appearing free
What Is a Tap Issue? A tap issue is a procedure that allows borrowers to sell bonds or other short-term debt instruments from past issues. The bonds are issued at their original face value, maturity, and coupon rate but are sold at the current market price. A tap issue is also referred to as a
What Is Tape Reading? Tape reading is an old technique that day traders used to analyze the price and volume of a given stock. From roughly the 1860s through the 1960s, stock prices were transmitted over telegraph lines on ticker tape that included a ticker symbol, price, and volume. These technologies were phased out in
What Is Tapering? Tapering modifies a central bank’s monetary expansion policies initiated to stimulate an economy. During a program of quantitative easing, a nation’s central bank may buy asset-backed securities from its member banks, injecting money into the economy, to boost recovery. Tapering is initiated after the quantitative easing policies have stabilized an economy and
What Is the Taper Tantrum? The phrase, taper tantrum, describes the 2013 surge in U.S. Treasury yields, resulting from the Federal Reserve’s (Fed) announcement of future tapering of its policy of quantitative easing. The Fed announced that it would be reducing the pace of its purchases of Treasury bonds, to reduce the amount of money
What Is the Taping Rule? The taping rule requires special monitoring of FINRA-registered persons with a troubled history and firms that hire such individuals in large numbers. More formally known as Financial Industry Regulatory Authority Rule 3170, “Tape Recording of Registered Persons by Certain Firms,” the so-called “taping rule” is meant to help meet an
What Is a Traded Average Price Option (TAPO)? A traded average price option (TAPO) is an option contract in which the investor’s profit or loss is based on the difference between the strike price and the average price, and not solely on the price of the underlying asset at expiration. First offered in 1987 by the Banker’s Trust
