Tag: earned

Kiddie Tax

DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code § 1, which "taxes certain...
Yield Maintenance

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 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...
National Income Accounting

National Income Accounting

What is National Income Accounting National income accounting is used to track a country's economic activity and growth. It measures the total value of all...

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...

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...

Abacus

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

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...
Passive income

Passive Income

What is passive income and why should you care Passive income is a type of income that does not require active work to earn. This...

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...

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