Tag: account
Hardship Withdrawal
What is 'Hardship Withdrawal' An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In...
Yield Equivalence
What is 'Yield Equivalence' The interest rate on a taxable security that would render a return equivalent to that of a tax-exempt...
Yield Maintenance
Yield Maintenance in Commercial Real Estate Loans
Yield Maintenance refers to the penalties you pay if you pay off your loan early. The penalty is...
Yield Variance
What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing process, based...
Inactivity Fee
What is 'Inactivity Fee' 1. A sum charged to investors who haven't engaged in any buying or selling activities in their brokerage...
In Street Name
What is an 'In Street Name' An in street name is a brokerage account where the customer's securities and assets are held...
In-Service Withdrawal
What is 'In-Service Withdrawal' A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event,...
Yearly Rate Of Return Method
Yearly Rate Of Return Method What is 'Yearly Rate Of Return Method ' More commonly referred to as annual percentage rate....
Impound
What is 'Impound' An account maintained by mortgage companies to collect amounts such as hazard insurance, property taxes, private mortgage insurance and...
Individual Retirement Account – IRA
DefinitionAn individual retirement account is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in...