Tag: community
General Business Tax Credit
What is 'General Business Tax Credit' The total value of all the individual credits to be applied against income on a tax...
Tax Credit
DefinitionA tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total...
Donor Advised Fund
What is a Donor Advised Fund
A donor advised fund (DAF) is a type of charitable giving vehicle established by donors to provide an easy...
David M. Cote
DefinitionDavid M. "Dave" Cote is an American businessman. Cote previously worked for General Electric and TRW Inc. before he was appointed chairman and chief...
Abend
What is 'Abend' An unexpected end to a computer program that results in the system crashing or closing down. Derived from the...
Daisy Chain
What is 'Daisy Chain' Daisy chain is a term used to describe a group of unscrupulous investors who, when practicing a kind...
Underinsurance
What is underinsurance and why do people buy it
Underinsurance is insurance that does not cover the full value of an insured asset. For example,...
James D. Slater
What is 'James D. Slater' A renowned investment author in Britain, who wrote a Sunday column in London's The Sunday Telegraph under...
Last Fiscal Year (LFY)
What is 'Last Fiscal Year - LFY' The most recent 12-month accounting period that a business uses when determining its annual financial...
Land Trust
DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...