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Passive Foreign Investment Company (PFIC)

What is a 'Passive Foreign Investment Company - PFIC' A passive foreign investment company (PFIC) is a foreign-based corporation that exhibits either...

Unauthorized Insurance

What is 'Unauthorized Insurance' A phony plan that claims to provide financial protection against unforeseen and potentially catastrophic events. Unauthorized insurance is...
unauthorized insurer

Unauthorized Insurer

There are a lot of risks associated with working with an unauthorized insurer. In fact, it's often a bad idea to do so. However,...

UCC-1 Statement

What is 'UCC-1 Statement' One of the standard mortgage documents listed in the Uniform Commercial Code. The UCC-1 Statement lists and describes...

Japan Association Of Securities Dealers Automated Quotation (Jasdaq)

What is 'Japan Association Of Securities Dealers Automated Quotation - Jasdaq' An electronic security exchange based in Tokyo, Japan. Originally an over...

Yemeni Rial (YER)

What is 'Yemeni Rial - YER' The official currency of the country of Yemen. The Yemeni Rial is divided into 100 fils,...

Oman Rial (OMR)

What is 'Oman Rial - OMR' The currency of Oman. The Omani rial is broken into smaller units, called baisa, and is...

Economic Growth And Tax Relief Reconciliation Act of 2001 (EGTRRA)

What is 'Economic Growth And Tax Relief Reconciliation Act of 2001 - EGTRRA' A U.S. tax law, effective for tax years beginning...

KHR (Cambodian Riel)

What is 'KHR' The currency abbreviation or currency symbol for the Cambodian riel (KHR), the currency for Cambodia. The riel is made...

JOD (Jordanian Dinar)

What is 'JOD' The currency abbreviation or currency symbol for the Jordanian Dinar (JOD), the currency for Jordan. The dinar is made...

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