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LSDefine

Simple English definitions for legal terms

TAB

Read a random definition: Jus Aelianum

A quick definition of TAB:

Term: TAB

Definition: TAB is short for Tax-Anticipation Bill. This means that it is a type of loan that a government takes out in anticipation of receiving tax revenue. It helps the government to have money available to pay for things before they actually receive the tax money.

A more thorough explanation:

TAB

TAB is an abbreviation for Tax-Anticipation Bill. It is a short-term borrowing instrument that a government issues to finance its operations before the tax revenue is collected.

For example, a city government may issue TABs to pay for ongoing expenses such as salaries, utilities, and maintenance while waiting for tax revenue to come in. The TABs are usually repaid with the tax revenue collected.

Another example is a school district issuing TABs to fund a new building project. The TABs allow the district to start the project before the tax revenue is collected, and the TABs are repaid with the tax revenue collected.

The examples illustrate how TABs are used by governments to finance their operations or projects before the tax revenue is collected. TABs are a way for governments to bridge the gap between their expenses and revenue and ensure that they can continue to provide services or fund projects. TABs are a common financial instrument used by governments at all levels, from local to federal.

T. | table

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MrThickRopes
15:28
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MrThickRopes
20:27
I said PUT DA BEAT ON
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mustard on da beat ho
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MrThickRopes
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Wake up in the morning gotta take a shit hop up in my lambo gotta take a shit headin to da club and i gotta take a shit poppin da champagne but i ruined it with shit
22:27
Woke up in the morning gotta thank god i dunno but today seems kinda odd no barking from the dog no smog mama cooked a breakfast with no hog i got my grub on but didn’t pig out finally got a call from a girl i wanna dig out
MrThickRopes
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Wake up in the morning and i take a shit take off my pants cause they caked in shit go to da club and I’m finna get lit light up the blunt but it’s soaked in shit thrown on da curb because i took a shiiit
2:37
I fear you guys are not nearly locked-in enough
Why $0 at Harvard just to do litigation? Are you actually going to do your original plan post grad? @UncleIroh
12:48
U better be locked in as fuck to go to Harvard at sticker $600k debt is so nasty
dude is loaded if he’s getting 0 in aid from GMA
*hls fucking autocorrect
MrThickRopes
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MrThickRopes
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Getting into da law skool was da easy part
MrThickRopes
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Now i gotta PASS da law skool?
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@UncleIroh: is that what u told zuko
what’s the name of kataras older brother i forget
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