ability to pay

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BabylonEnglish English dictionaryDownload this dictionary
ability to pay
n. capacity to pay, having the necessary resources to pay; principle that wealthier people who can afford to pay higher taxes ought to be required to do so (Economics)


Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Ability to pay
Refers to the borrower's ability to make interest and principal payments on debts. See: Fixed charge coverage ratio.
In context of municipal bonds , refers to the issuer's  present and future ability to create sufficient tax revenue to fulfill its contractual obligations, accounting for municipal income and property values.
In context of taxation, notion that tax rates should be determined according to income or wealth.

Free English-Vietnamese DictionaryDownload this dictionary
Ability to pay
Ability to pay
(Econ) Khả năng chi trả.
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Dizionario inglese-italiano 1.0.012Download this dictionary
ABILITY TO PAY
CAPACITÀ DI PAGARE. CAPACITÀ CONTRIBUTIVA. SOLVIBILITÀ
 
ABILITY-TO-PAY
CAPACITÀ DI PAGARE. CAPACITÀ CONTRIBUTIVA. SOLVIBILITÀ

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