Series 7: Tax Anticipation Note (TAN)

Taken from our Series 7 - General Securities Representative Exam

Definition of the term Tax Anticipation Note (TAN)...

a short-term debt security that is backed by future tax receipts.

Since you're reading about Series 7: Tax Anticipation Note (TAN), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 7
Please Enable Javascript
to view this content!