DefinitionThe kiddie tax rule exists in the United States of America and can be found in Internal Revenue Code § 1, which "taxes certain unearned income of a child at the parent's marginal

Hard Loan What is 'Hard Loan' A foreign loan that must be paid in the currency of a nation that has stability and a reputation abroad for economic strength (a hard currency). Explaining

Halloween Strategy What is a 'Halloween Strategy' A Halloween strategy is an investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock

Hard Money What is 'Hard Money' Hard money consists of funding by a government or organization that is repetitive, rather than a one-time grant. Examples include ongoing government daycare

Healthcare Power Of Attorney (HCPA) What is 'Healthcare Power Of Attorney - HCPA' A legal form that allows an individual to empower another with decisions regarding his or her healthcare a

Yupcap What is 'Yupcap' A slang term for a young urban professional who cannot afford property. Yupcaps are people in their late twenties or early thirties with post secondary educations a

York Antwerp Rules What is 'York Antwerp Rules' A set of maritime rules that outline the rights and obligations of ship and cargo owners when cargo must be jettisoned to save a ship. The Y

Yugen Kaisha (YK) What is 'Yugen Kaisha - YK' A type of limited liability company that could be established in Japan from 1940 through early 2006. The Companies Act enacted in Japan in Jun

DefinitionIn American estate planning parlance, an incentive trust is a trust designed to encourage or discourage certain behaviors by using distributions of trust income or principal as an

In-House What is 'In-House' In-house refers to conducting an activity or operation within a company, instead of relying on outsourcing. A firm uses its own employees and time to keep a div