Tag: congress

Oil Pollution Act Of 1990

DefinitionThe Oil Pollution Act of 1990 was passed by the 101st United States Congress and signed by President George H. W. Bush. It works...

Major Fraud Act Of 1988

Major Fraud Act Of 1988 What is 'Major Fraud Act Of 1988' A piece of legislation passed during the Reagan administration that...

Accelerated Cost Recovery System (ACRS)

Accelerated Cost Recovery System (ACRS) What is 'Accelerated Cost Recovery System - ACRS' A system of depreciation introduced by the Economic Recovery...

Abusive Tax Shelter

Abusive Tax Shelter What is 'Abusive Tax Shelter' An investment scheme that claims to reduce income tax without changing the value of...

Savings Association Insurance Fund (SAIF)

Savings Association Insurance Fund (SAIF) What is 'Savings Association Insurance Fund - SAIF' A government insurance fund for savings and loans and...

Sarbanes-Oxley Act Of 2002 (SOX)

Sarbanes-Oxley Act Of 2002 (SOX) What is the 'Sarbanes-Oxley Act Of 2002 - SOX' The Sarbanes-Oxley Act of 2002 (SOX) is an...

Sallie Mae (Student Loan Marketing Association)

Sallie Mae (Student Loan Marketing Association) What is 'Sallie Mae - Student Loan Marketing Association' Sallie Mae is a publicly traded company...

Back Stop

Back Stop What is a 'Back Stop' A back stop is the act of providing last-resort support or security in a securities...

Bailout Bond

Bailout Bond What is 'Bailout Bond' A debt security issued by the Resolution Funding Corporation to bail out the savings and loan...

Party Wall

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...

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