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Tax Terms Glossary

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

V
Value
The measure of the worth of an asset or good.
Venture
A business enterprise where something is placed at risk in the hopes of profits.
Voluntary Compliance
In general, a taxpayer voluntarily complied with the tax code when they prepared an accurate return, timely filed it, and paid any tax that was due.
Voting Stock
Corporate stock that entitles the holder to vote or issue a proxy.