Taxes

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  1. Education Savings Account Tutorial

    This comprehensive guide goes through what an Education Savings Plan is and how to set one up, contribute to it and withdraw ...
  2. Bankruptcy Risk

    The possibility that a company will be unable to meet its debt obligations. Bankruptcy risk describes the likelihood that ...
  3. Revenue Officer

    An individual who collects revenues such as taxes and duties on behalf of the government. A revenue officer is generally ...
  4. Principal Residence

    The primary location that a person inhabits. It doesn't matter whether it is a house, apartment, trailer or boat, as long ...
  5. Student Loan Interest Deduction

    A tax deduction for interest paid on higher education loans during the tax year in the U.S., the deduction amount being the ...
  6. Levy

    The legal seizure of property to satisfy a debt. In the U.S., the Internal Revenue Service (IRS) has the authority to levy ...
  7. Stock Savings Plan

    In Canada, a plan wherein certain provinces (such as Alberta, Ontario and Quebec) provide tax credits for provincial income ...
  8. Bankruptcy Financing

    Financing arranged by a company while under the chapter 11 bankruptcy process. Clearly, such financing is extremely high ...
  9. Chapter 13

    A U.S. bankruptcy proceeding in which the debtor undertakes a reorganization of his or her finances under the supervision ...
  10. Form 1098

    A form filed with the Internal Revenue Service (IRS) that details the amount of interest and mortgage-related expenses paid ...
  11. Debt Fatigue

    When a debtor stops making payments on his or her debts and starts spending again after being overwhelmed by the amount of ...
  12. Additional Collateral

    Additional assets put up as collateral by a borrower against debt obligations. Additional collateral is used to lessen the ...
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Save Money
  1. 5 Ways To Make Your Home Remodels Pay Off

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  2. Differences Between Private Foundations And Public Charities

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    In spite of the rewards going public can bring, some companies prefer to remain private, and they are very successful in this.
  5. Is Cyber Monday The New Black Friday?

    Cyber Monday is becoming more popular than Black Friday. Here's why.
Hot Definitions
  1. Agency Theory

    A supposition that explains the relationship between principals and agents in business. Agency theory is concerned with resolving ...
  2. Treasury Bill - T-Bill

    A short-term debt obligation backed by the U.S. government with a maturity of less than one year. T-bills are sold in denominations ...
  3. Index

    A statistical measure of change in an economy or a securities market. In the case of financial markets, an index is a hypothetical ...
  4. Return on Market Value of Equity - ROME

    Return on market value of equity (ROME) is a comparative measure typically used by analysts to identify companies that generate ...
  5. Majority Shareholder

    A person or entity that owns more than 50% of a company's outstanding shares. The majority shareholder is often the founder ...
  6. Competitive Advantage

    An advantage that a firm has over its competitors, allowing it to generate greater sales or margins and/or retain more customers ...
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