- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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Agreement between trustee and borrower setting out terms of a bond.
Industry:Financial services
Method used to determine a participant's benefits in a defined benefit plan. Involves multiplying years of service by the percentage of salary.
Industry:Financial services
US Department of the Treasury, which issues all Treasury bonds, notes, and bills as well as overseeing agencies. Also, the department within a corporation that oversees its financial operations including the issuance of new shares.
Industry:Financial services
Tax loss carryforwards from previous business losses that form a tax shelter for profits earned in current and future years.
Industry:Financial services
Money invested in a portfolio whose composition is fixed for the life of the fund. Shares in a unit trust are called redeemable trust certificates, and they are sold at a premium to net asset value.
Industry:Financial services
An intra budgetary financial arrangement in which both payments and receipts occur within the same trust fund group.
Industry:Financial services
A unit investment trust comprising one unit of prime and one unit of score.
Industry:Financial services
Debt obligations of the US Treasury that have maturities of one year or less. Maturities for T-bills are usually 91 days, 182 days, or 52 weeks.
Industry:Financial services
Legislation forming part of a larger act designed to balance the federal budget. Some of the legislation's provisions included tax credits for taxpayers supporting children, an increase in the amount that could be excluded from estate taxes, and a lower capital gains tax rate.
Industry:Financial services
