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| Take Off |
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| A sharp increase in the price of a stock, or a positive movement of the market as a whole. |
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| Takeover |
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| General term referring to transfer of control of a firm from one group of shareholders to another group of shareholders. Change in the controlling interest of a corporation, either through a friendly acquisition or an unfriendly, hostile, bid. A hostile takeover is usually attempted through a public tender offer. |
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| Tangible Asset |
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| Assets having a physical existence, such as cash, equipment, and real estate; accounts receivable are also usually considered tangible assets for accounting purposes. Opposite of intangible asset. |
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| Tangible Benefit |
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| A benefit produced by an investment that is immediately obvious and measurable. |
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| Tax Credit |
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| A dividend slip or voucher confirming that tax has already been paid on a dividend. If you are a lower or basic rate tax payer, you will have no further liability to tax. If you pay tax at the higher rate, the dividends should be declared on your tax return and you may be liable to a further amount of tax. |
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