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25 Results for Tag: earned

Kiddie Tax

DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code ยง 1, which "taxes certain unearned income of a child at the parent's marginal

Yield Maintenance

Yield Maintenance What is 'Yield Maintenance' A prepayment premium that allows investors to attain the same yield as if the borrower made all scheduled mortgage payments until maturity.

Yield To Maturity (YTM)

Yield To Maturity (YTM) What is 'Yield To Maturity (YTM)' Yield to maturity (YTM) is the total return anticipated on a bond if the bond is held until the end of its lifetime. Yield to matu

National Income Accounting

DefinitionA variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product, gross nation

Odd-Days Interest

Odd-Days Interest What is 'Odd-Days Interest' Interest that is earned from a mortgage or other loan with closed-end installments that contain a nonstandard payment period. In most cases, t

Annual Percentage Rate

DefinitionThe term annual percentage rate of charge, corresponding sometimes to a nominal APR and sometimes to an effective APR, is the interest rate for a whole year, rather than just a mon

Abacus

Abacus What is 'Abacus' 1. A calculation tool used by sliding counters along rods or grooves, used to perform mathematical functions. In addition to calculating the basic functions of addi

Ratable Accrual Method

Ratable Accrual Method What is 'Ratable Accrual Method' A method for determining when and how much income was earned over a period of time. The ratable accrual method can be used to comput

Passive Income

DefinitionPassive income is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it. Passive Income What is 'Passive Inco

FactSet

DefinitionFactSet Research Systems Inc., trading as FactSet, is a financial data and software company headquartered in Norwalk, CT, United States. The company provides financial information
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