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 [..]

Definition A borrower's capability of meeting his/her current and future debt obligations.

This term is found in labor negotiations and refers to the ability of an organization to afford a wage or benefit cost increase.

The concept that taxpayers should have a tax liability consistent with their income level.

A principle of taxation. Individuals who earn more money will pay more income tax not because they utilize more of the government services but because they have the ability to pay more.

refers to a borrower’s capacity to make good on his loan obligations. In banking, ability to pay is often called “financial capacity.”

n. capacidad de pago (or pagar)

A concept of tax fairness that states that people with different amounts of wealth or different amounts of income should pay tax at different rates. Wealth includes assets such as houses, cars, stocks [..]

(tax) An individual's level of wealth or income, as a measure of the tax rate they can afford to pay. ''Progressive taxes attempt to reduce the tax burden of people with a lower 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 [..]

Refers to the borrower's ability to make interest and principal payments on debts. Advance of Discount Loan