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 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
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
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...