Financial Terms Simplified

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Author :
Publisher : SAGE Publications Pvt. Limited
ISBN 13 : 9788132111658
Total Pages : 0 pages
Book Rating : 4.1/5 (116 download)

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Book Synopsis Financial Terms Simplified by : Gautam Majumdar

Download or read book Financial Terms Simplified written by Gautam Majumdar and published by SAGE Publications Pvt. Limited. This book was released on 2013-11-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever wondered what phrases like ‘underwater mortgage’, ‘money mules’, ‘peer to peer lending’, ‘virtual key pad’, ‘bit coins’ and many more such unique terms imply? This book attempts to add to the understanding of these words by giving their source of origin and evolution. It decodes and demystifies financial terminology which is genuinely complex and difficult to comprehend. Financial words and phrases are increasing by the day at the same pace at which developments in the financial world are taking place. Akin to the emergence of innovative financial transactions and mechanisms, there has been a glut of terms coined by financial practitioners and analysts whose meaning is not readily understood. Financial Terms Simplified covers terminology from the world of Banking, Insurance, Capital Markets and Finance. The terms have been culled from a range of literature with the emphasis being on presenting innovative terms in common usage. This book can be a useful dictionary for academics, students and finance professionals. Libraries of educational institutions, chambers of commerce and bank training colleges too will find this lexicon a handy reference.

Financial Terms Dictionary

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Author :
Publisher : Thomas Herold
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4./5 ( download)

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Book Synopsis Financial Terms Dictionary by : Thomas Herold

Download or read book Financial Terms Dictionary written by Thomas Herold and published by Thomas Herold. This book was released on 2017-08-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Financial Terms - Make Better Financial Decisions This practical financial dictionary helps you understand and comprehend more than 100 common financial terms. It was written with an emphasis to quickly grasp the context without using jargon. Every terms is explained in detail with 600 words or more and includes also examples. It is based on common usage as practiced by financial professionals. Compiled over the last 3 years from questions and feedback to financial articles published by the Wealth Building Course education program. Financial Terminology Made Simple This book is useful if you are new to business and finance. It also includes over 100 most popular financial terms for investors and entrepreneurs. It also covers the lingo that was introduced in the financial crisis of 2008 until 2016. With the alphabetical order it makes it quick and easy to find what you are looking for. Financial Dictionary Series Additional financial dictionaries are available in this series. Please also check out: Banking, Retirement, Corporate Finance, Economics, Investments, Laws & Regulations, Real Estate & Trading. There is also a premium edition available, which covers over 900 financial terms. Please click on the author link below the book title to see a list of other financial books.

Dictionary of Financial Terms

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Author :
Publisher : Lightbulb Press, Inc.
ISBN 13 : 1933569042
Total Pages : 227 pages
Book Rating : 4.9/5 (335 download)

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Book Synopsis Dictionary of Financial Terms by : Virginia B. Morris

Download or read book Dictionary of Financial Terms written by Virginia B. Morris and published by Lightbulb Press, Inc.. This book was released on 2007 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Streamlined, straightforward, and simple to read guides from Standard & Poor's and Lightbulb Press. The easiest way to get a grip on personal finance, investing, and retirement From the world's leading financial analysts and investor education specialists comes an invaluable foundation of knowledge for every kind of investment you want to make. These guides, a collaboration between Standard & Poor's and Lightbulb Press, use clear language and informative graphics to demystify financial topics. The books make it easy for you to navigate the financial markets and understand the basics of investing and personal finance. Filled with clear, jargon-free definitions of important financial terms, this handy reference gives you the language you need to navigate the world of investing and finance. It also includes common acronyms and extended definitions of more sophisticated investing concepts.

Financial Terms Dictionary

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781501030130
Total Pages : 272 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Financial Terms Dictionary by : Thomas Herold

Download or read book Financial Terms Dictionary written by Thomas Herold and published by Createspace Independent Publishing Platform. This book was released on 2014-09 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Financial Terms - Make Better Financial Decisions This practical financial dictionary helps you understand and comprehend most common financial terms. It was written with an emphasis to quickly grasp the context without using jargon. Each financial term is explained in detail and also gives practical examples. It is based on common usage as practiced by financial professionals. Compiled over the last 3 years from questions and feedback to financial articles published by the Wealth Building Course education program. This book is useful if you are new to business and finance. It includes most financial terms for investors and entrepreneurs. It also covers the lingo that was introduced in the financial crisis of 2008 until 2016. With the alphabetical order it makes it quick and easy to find what you are looking for. Here are some reviews from readers: This Should Be in Every Home & Office Library! Whether you are a layperson or someone working within the various fields of finance itself, this is an indispensable reference book to have at your fingertips. It not only defines the specific words and phrases but clearly explains the concepts behind them. In our current world of nanosecond trading, wildly fluctuating global markets and ever more 'creative' financial instruments, this essential volume belongs in everyone's library, virtual or otherwise! Martin Steiner Great Resource! What a great resource! I had actually been through a short sale, but never really understood the process until I read Mr Herold's book. This book is equally valuable to the experienced and the novice reader. I particularly appreciated the easy to use-alphabetical table of contents. Susan M

Dictionary of Finance and Investment Terms

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1438065264
Total Pages : 1354 pages
Book Rating : 4.4/5 (38 download)

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Book Synopsis Dictionary of Finance and Investment Terms by : John Downes

Download or read book Dictionary of Finance and Investment Terms written by John Downes and published by Simon and Schuster. This book was released on 2019-02-05 with total page 1354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher's Note: Products purchased from third-party sellers are not guaranteed by the publisher for quality, authenticity, or access to any online entitles included with the product.

Personal Finance Terms - Financial Education Is Your Best Investment

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Author :
Publisher : Thomas Herold
ISBN 13 : 9781087861944
Total Pages : 278 pages
Book Rating : 4.8/5 (619 download)

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Book Synopsis Personal Finance Terms - Financial Education Is Your Best Investment by : Thomas Herold

Download or read book Personal Finance Terms - Financial Education Is Your Best Investment written by Thomas Herold and published by Thomas Herold. This book was released on 2020-01-22 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's easy to get hung up on confusing terms when making a big financial decision. This practical glossary demystifies personal finance so that you can focus on what's important - taking control of your money.

99 Financial Terms Every Beginner, Entrepreneur & Business Should Know

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Author :
Publisher : Financial IQ
ISBN 13 : 9781090476357
Total Pages : 214 pages
Book Rating : 4.4/5 (763 download)

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Book Synopsis 99 Financial Terms Every Beginner, Entrepreneur & Business Should Know by : Thomas Herold

Download or read book 99 Financial Terms Every Beginner, Entrepreneur & Business Should Know written by Thomas Herold and published by Financial IQ. This book was released on 2019-03-14 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: 99 Important Financial Terms You Should Know Whenever you hear someone speak personal finance, do you feel like you're learning a foreign language? Do you feel lost when reading or hearing financial terminology from your bank, insurance, investment agent or the IRS? You're not alone! For instance, feeling confident when discussing the business's financial needs should be a priority for every small business owner. After all, you represent the heart and soul of your business in the marketplace. Knowing the "language" of business finance is an integral part of your job as the owner. The good news is that you don't have to be an accountant or a financial planner to negotiate in the world of business finance. This practical glossary contains 99 important, and most commonly used business finance terms and definitions in alphabetical order. It was written with an emphasis to quickly grasp the context without using jargon. Every financial term is explained in detail, with clear and concise article style description and practical examples. Now, whether you are a salaried person, a startup enthusiast, a business owner or a common man, these set of 99 financial basics shall help you manage your money in a much better way. Make Financial Terms Less of a Mystery In order to become savvy about your own finances, you need to understand a few useful financial definitions. This compilation of financial terms is a comprehensive list of various financial words or concepts that you are likely to come across in your financial expedition. Get Smart with the Financial IQ Series Please also have a look at other titles in this series. The Herold Financial IQ series covers all major areas and aspects in the financial world. Starting with Personal Finance, Real Estate and Banking term. Covering Corporate Finance, Investment as well as Economics. Also includes Retirement, Trading, and Accounting terms. In addition, you'll find Debt, Bankruptcy, Mortgage, Small Business, and Wall Street terminology explained. Not to forget Laws & Regulations as well as important acronyms and abbreviations.

Financial Terms Dictionary - 100 Most Popular Terms Explained

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Author :
Publisher : Financial Terms Dictionary
ISBN 13 : 9781521734414
Total Pages : 228 pages
Book Rating : 4.7/5 (344 download)

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Book Synopsis Financial Terms Dictionary - 100 Most Popular Terms Explained by : Thomas Herold

Download or read book Financial Terms Dictionary - 100 Most Popular Terms Explained written by Thomas Herold and published by Financial Terms Dictionary. This book was released on 2017-07 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Financial Terms - Make Better Financial Decisions This practical financial dictionary helps you understand and comprehend more than 100 common financial terms. It was written with an emphasis to quickly grasp the context without using jargon. Every terms is explained in detail with 600 words or more and includes also examples. It is based on common usage as practiced by financial professionals. Financial Terminology Made Simple This book is useful if you are new to business and finance. It also includes over 100 most popular financial terms for investors and entrepreneurs. It also covers the lingo that was introduced in the financial crisis of 2008 until 2016. With the alphabetical order it makes it quick and easy to find what you are looking for. Financial Dictionary Series Additional financial dictionaries are available in this series. Please also check out: Banking, Retirement, Corporate Finance, Economics, Investments, Laws & Regulations, Real Estate & Trading. There is also a premium edition available, which covers over 900 financial terms. Please click on the author link below the book title to see a list of other financial books. Here are some reviews from readers: This Should Be in Every Home & Office Library! Whether you are a layperson or someone working within the various fields of finance itself, this is an indispensable reference book to have at your fingertips. It not only defines the specific words and phrases but clearly explains the concepts behind them. In our current world of nanosecond trading, wildly fluctuating global markets and ever more 'creative' financial instruments, this essential volume belongs in everyone's library, virtual or otherwise! Martin Steiner Great Resource! What a great resource! I had actually been through a short sale, but never really understood the process until I read Mr Herold's book. This book is equally valuable to the experienced and the novice reader. I particularly appreciated the easy to use-alphabetical table of contents. Susan M

The Complete Dictionary of Mortgage & Lending Terms Explained Simply

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Author :
Publisher : Atlantic Publishing Company
ISBN 13 : 1601380143
Total Pages : 290 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis The Complete Dictionary of Mortgage & Lending Terms Explained Simply by : Atlantic Publishing Group

Download or read book The Complete Dictionary of Mortgage & Lending Terms Explained Simply written by Atlantic Publishing Group and published by Atlantic Publishing Company. This book was released on 2011 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lenders and prospective home buyers alike have turned their attention to financial news, carefully watching the market since the 2007 housing and credit crisis. Recently, mortgage rates continued to drop to historic lows, changing on a daily basis. With their fluctuating rates and the current economic climate, mortgages are as complicated as ever. Anyone interested in acquiring a mortgage, refinancing a current mortgage, or starting a business career in lending has probably heard financial professionals use unfamiliar terms. But, with a little help from this comprehensive dictionary, you can easily converse with professionals and understand industry jargon. The Complete Dictionary of Mortgage & Lending Terms Explained Simply explains all the important financial terms you will encounter as you navigate the mortgage market. With easy-to-understand definitions, this dictionary covers everything from accrued interest to wraparound mortgages. It covers types of mortgages, parts of loan agreements, types of insurance, and even home-inspection terms. This resource uses simple language to describe the many concepts it covers, ensuring that even those without any financial or real estate experience will understand the definitions. With more than 1,800 terms, this dictionary allows you to understand almost every term you come across during your encounter with the lending process, whether you are researching the difference between trusts and liens or examining a prospective home s features. In addition to outlining terms associated with lending, it also includes information about important legislative acts and federal agencies that affect financing. The handy A-to-Z organization allows you to quickly find any information you need, even during nerve-wracking negotiations. The definitions also include any abbreviated forms of the terms, so you will be able to tell your ARMs (adjustable-rate mortgages) from your REITs (real estate investment trusts). This guide defines the players, the problems, the process, and the procedures. Whether you are looking to buy a home, trying to refinance, taking a finance class, or simply curious about the mortgage and lending industry, this dictionary is an indispensable guide to the many terms, tools, and agreements you will encounter at every step of the complex lending process. Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president's garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.

Financial Management : Made Easy

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Author :
Publisher : Google Books
ISBN 13 :
Total Pages : 180 pages
Book Rating : 4.3/5 (552 download)

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Book Synopsis Financial Management : Made Easy by : Dr. Parag Joshi I Dr. Hitesh Vaswani I Dr. Bharat Kothiram Patle

Download or read book Financial Management : Made Easy written by Dr. Parag Joshi I Dr. Hitesh Vaswani I Dr. Bharat Kothiram Patle and published by Google Books . This book was released on 2022-10-22 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance is one of the crucial prerequisites to start any business. Further, a sufficient corpus of funds and efficient financial management is required throughout a business’s lifetime and even when a company is sold or wound up. Therefore, funds need to be managed, regulated as per procedures, and monitored at every step of the business lifecycle.In simple terms, financial management is the business function that deals with investing the available financial resources in a way that greater business success and return-on-investment (ROI) is achieved. Financial management professionals plan, organize and control all transactions in a business. They focus on sourcing the capital whether it is from the initial investment by the entrepreneur, debt financing, venture funding, public issue, or any other sources. Financial management professionals are also responsible for fund allocation in an optimized way to ensure greater financial stability and growth for the organization.The purpose of this study Material is to present an introduction to the subjects of Commerce and Management. The book contains the syllabus from basics of the subjects going into the intricacies of the subjects. All the concepts have been explained with relevant examples and diagrams to make it interesting for the readers.An attempt is made here by the authors to assist the students by way of providing Study Material as per the curriculum with non-commercial considerations. However, it is implicit that these are exam-oriented Study Material and students are advised to attend regular class room classes in the Institute and utilize reference books available in the library for In-depth knowledge.We owe to many websites and their free contents; we would like to specially acknowledge contents of website www.wikipedia.com and various authors whose writings formed the basis for this book. We acknowledge our thanks to them. At the end we would like to say that there is always a room for improvement in whatever we do. We would appreciate any suggestions regarding this study material from the readers so that the contents can be made more interesting and meaningful. Readers can email their queries and doubts to our authors on [email protected]. We shall be glad to help you immediately. Dr. Hitesh Vaswani I Dr. Mukul Burghate ​​​​​​​Authors

Longman Dictionary of Financial Terms

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Author :
Publisher : Pearson South Africa
ISBN 13 : 9781868918928
Total Pages : 140 pages
Book Rating : 4.9/5 (189 download)

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Book Synopsis Longman Dictionary of Financial Terms by :

Download or read book Longman Dictionary of Financial Terms written by and published by Pearson South Africa. This book was released on 2007 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Markets Terms Simplified

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Author :
Publisher : Independently Published
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.3/5 (27 download)

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Book Synopsis Financial Markets Terms Simplified by : Abraham Goldsmith

Download or read book Financial Markets Terms Simplified written by Abraham Goldsmith and published by Independently Published. This book was released on 2024-03-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Financial Markets Terms Simplified" is your go-to guide for navigating the often intimidating language of the financial markets. This concise yet comprehensive guide demystifies some key terms and concepts used in the financial markets, making it an invaluable resource for novices, aspiring investors, and anyone looking to enhance their financial literacy. Each term is broken down into digestible explanations, stripping away the complexity and providing readers with clear, straightforward definitions.

Wall Street Lingo

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Author :
Publisher : Atlantic Publishing Company (FL)
ISBN 13 : 9781601380395
Total Pages : 0 pages
Book Rating : 4.3/5 (83 download)

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Book Synopsis Wall Street Lingo by : Nora Peterson

Download or read book Wall Street Lingo written by Nora Peterson and published by Atlantic Publishing Company (FL). This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finally, a finance dictionary compiled with the individual investor in mind. Wall Street Lingo does more than define the terms your stockbroker, the Wall Street Journal and CNBC pitch at youit explains them in a way that traditional dictionaries cant. Where other dictionaries start at A and end at Z, Wall Street Lingo is organized in chapters, by subject. It begins where you beginwith a topic that has piqued your curiosityand ends only when your curiosity has been satisfied. Have you ever wondered about the difference between CPI and PPI? In other dictionaries, youll find the definitions 200 pages apart. Wall Street Lingo brings them together in the chapter Economics for Investors. EBITDA. Gross Profit. Net Profit. Shareholders Equity. You could waste precious time searching for explanations to help you analyze a companys financial condition. Or you can open Wall Street Lingo to the chapter Decoding Financial Statements. If you think technical analysis is only for the pros, flip to the chapter Technically Speaking for dozens of plain English translation to stock chart terms like Bollinger bands, MACD, Elliott wave theory and Bearish Divergence. It might change your mind. (SPANISH)

Small Business Terms - Financial Education Is Your Best Investment

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Author :
Publisher :
ISBN 13 : 9781087870779
Total Pages : 292 pages
Book Rating : 4.8/5 (77 download)

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Book Synopsis Small Business Terms - Financial Education Is Your Best Investment by : Thomas Herold

Download or read book Small Business Terms - Financial Education Is Your Best Investment written by Thomas Herold and published by . This book was released on 2020-03-06 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essential small business terms you should know. This small business glossary compiles a list of 135 most common terms you're likely to encounter in alphabetical order. Every small business term is explained in detail, with a clear and concise article style description and practical examples.

Financial Terms Dictionary - Corporate Finance Principles & Fundamentals

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Author :
Publisher : Independently Published
ISBN 13 : 9781521723296
Total Pages : 280 pages
Book Rating : 4.7/5 (232 download)

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Book Synopsis Financial Terms Dictionary - Corporate Finance Principles & Fundamentals by : Wesley Crowder

Download or read book Financial Terms Dictionary - Corporate Finance Principles & Fundamentals written by Wesley Crowder and published by Independently Published. This book was released on 2017-06-30 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Corporate Finance Terms This practical financial dictionary for Corporate Finance terms helps you understand and comprehend most common Corporate Finance lingo. It was written with an emphasis to quickly grasp the context without using jargon. Each of the 100 Corporate Finance term is explained in detail and also gives practical examples. It is based on common usage as practiced by financial professionals. Compiled over the last 3 years from questions and feedback to financial articles published by the Wealth Building Course education program. Principles of Corporate Finance This book is useful if you are new to business and finance. It includes most corporate finance terms for businesses, investors and entrepreneurs. It also covers the lingo that was introduced in the financial crisis of 2008 until 2017. With the alphabetical order it makes it quick and easy to find what you are looking for. Financial Dictionary Series Additional financial dictionaries are available in this series. Please also check out: Accounting, Banking, Retirement, Economics, Investments, Laws & Regulations, Acronyms, Real Estate & Trading. Click on the author name to see them. Example: What is Market Capitalization? Market capitalization refers to a company's total value. Analysts determine it by multiplying the number of shares in existence times the price of the stock. This concept can also be utilized to measure the full value of a stock exchange. The New York Stock Exchange market capitalization would equal the value of all publicly traded companies on the exchange added together. Market cap is another name for market capitalization. Examples of how this is figured make it easier to understand. Companies that have 2 million shares which have been issued that sell for $20 apiece have a market cap of $40 million. If an investor had enough money and could get the stockholders to agree to sell their shares, he or she could purchase the company for $40 million total. In practice many shareholders would want more than the current share price to sell their stock. There are three different main sizes of market capitalization among traded companies. These are large cap, mid cap, and small cap corporations. Large cap companies are generally considered the least risky ones in which to invest. They typically possess substantial financial resources to survive economic downturns. They are also generally leaders in their industries. This gives them a smaller amount of growth opportunity. Because of this the returns for these large cap companies are often not as spectacular as with successful companies in the other two categories. They also have a significantly greater chance of paying dividends out to their share holders. Large cap corporations have $5 billion and higher capitalization. Mid cap companies are generally less risky than the smaller companies. They still do not have the same possibilities for aggressive growth. Mid cap companies commonly possess market capitalization of from $1 billion to $5 billion. Studies have shown that mid caps have outperformed large cap and small cap corporation stocks in the past 20 years. Small cap corporations are those which possess under $1 billion in market capitalization. These tinier companies have often completed an Initial Public Offering in the recent past. Such companies are considered the riskiest of the three types. This is because in economic downturns, they have the greatest chance of failing or defaulting. They also enjoy plenty of opportunity and space to expand. This means that they potentially could be extremely profitable if they succeed. Note: This example description is shorted due to publish restrictions. Each term is explained with 600 words and more.

A Basic Glossary of Financial Terms

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (324 download)

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Book Synopsis A Basic Glossary of Financial Terms by : Andrew Baer

Download or read book A Basic Glossary of Financial Terms written by Andrew Baer and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Terms Dictionary - Accounting Quick Reference Guide

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Author :
Publisher : Independently Published
ISBN 13 : 9781521722183
Total Pages : 222 pages
Book Rating : 4.7/5 (221 download)

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Book Synopsis Financial Terms Dictionary - Accounting Quick Reference Guide by : Wesley Crowder

Download or read book Financial Terms Dictionary - Accounting Quick Reference Guide written by Wesley Crowder and published by Independently Published. This book was released on 2017-06-30 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand Accounting Terms - Make Better Financial Decisions This practical financial dictionary for accounting terms helps you understand and comprehend most common accounting lingo. It was written with an emphasis to quickly grasp the context without using jargon. Each of the 90 financial accounting term is explained in detail and also gives practical examples. It is based on common usage as practiced by financial professionals. Compiled over the last 3 years from questions and feedback to financial articles published by the Wealth Building Course education program. Accounting Made Simple This book is useful if you are new to business and finance. It includes most accounting terms for businesses, investors and entrepreneurs. It also covers the lingo that was introduced in the financial crisis of 2008 until 2017. With the alphabetical order it makes it quick and easy to find what you are looking for. Financial Dictionary Series Additional financial dictionaries are available in this series. Please also check out: Banking, Retirement, Corporate Finance, Economics, Investments, Laws & Regulations, Real Estate & Trading. Click on the author name to see them. Example: What are Tax Exemptions? Tax exemptions are special monetary exemptions that decrease the amount of income which is taxable. This can take the form of full tax exempt status that delivers 100 percent relief from a certain form of taxes, partial tax on certain items, or reduced tax rates and bills. Tax exemption can refer to particular groups such as charitable outfits (who receive exemption from income taxes and property taxes), multi-jurisdictional businesses or individuals, and even military veterans. The phrase tax exemption is commonly utilized to refer to specific scenarios where the law lowers the amount of income that would fall under the taxable label otherwise. With the American Internal Revenue Service, there are two kinds of exemptions which are available to individuals. One example of a tax exemption concerns the decrease in taxes the IRS gives for any dependent children who are under age 18 (who actually live with the head of household income tax filer). For the year 2015, the Internal Revenue Service permitted individuals who were filing taxes to receive a $4,000 exemption on every one of their permitted tax exemptions. This simply means that any individuals paying taxes who count on three permissible exemptions are able to deduct fully $12,000 off of their taxable income level. In the cases where they make a higher amount than an IRS pre-determined threshold, the amount in tax exemptions which they are able to utilize becomes phased out slowly and finally eliminated completely. For the tax year 2015, those individuals filing taxes who earned in excess of $258,250, as well as those married filing jointly couples who earned more than $309,900, received a lower amount for their exemptions. This complicated sliding scale with seemingly random numbers in place is all part of the reason why observers claim the American tax system is outdated and overly complex. There is an important caveat for individuals filing taxes. They can not claim their own personal exemption when someone else claims them as a dependent on their tax return. This is one of the elements that separate exemptions from deductions in the world of tax terminology. Each individual filing is permitted to claim his or her personal deduction. Looking at a real world example helps to clarify the complicated rules. Young college students who have a job while they go to school will typically be claimed by their parents like a dependent on the parents' income tax return. Note: This example description is shorted due to publish restrictions. Each term is explained with 600 words and more.