Dictionary
Words, grammatical forms and meanings linked to the ontology.
tax lot en · NOUN
Meanings
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(US) A grouping of security holdings in an account used for enabling the calculation and treatment of the securities for tax compliance and reporting.
In some countries such as the USA, cost basis must be considered on a tax lot-by-tax lot basis.
2003, Stephen Satchell with Alan Scowcroft, Advances in Portfolio Construction and Implementation, page 128:
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(US) An parcel of real property on which property taxes are levied.
Forms