Tax avoidance

Definition:

Minimizing tax burden through legal means such as tax-free municipal bonds, tax shelters, IRA accounts, and trusts. Compare with tax evasion.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Investment manager

The individual who manages a portfolio of investments. Also called a portfolio manager or a money manager.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio