Tag: honours

What is 'Qualifying Disposition' A sale, transfer or exchange of stock obtained through a qualified stock option incentive plan, namely incentive stock...

What is 'Qualifying Relative' A federal income tax designation that allows a taxpayer to claim as a dependent someone for whom he or she provided...

What is 'Qualifying Ratios' A set of ratios that are used by lenders to approve borrowers for a mortgage. The borrower's front-end...

What is 'Joint Float' Two or more countries agreeing to keep their currencies at a same exchange rate relative to one another,...

What is 'Joint Credit' Credit issued to two or more people based on their combined incomes, assets and credit histories. Joint credit...

Joint and Several Liability in Business In most common law legal systems, two or more people can be jointly liable for a single liability. Joint...

What is a joint endorsement A joint endorsement is an agreement between two or more individuals to endorse a financial instrument, such as a check...

DefinitionA joint account is a bank account shared by two or more individuals. Any individual who is a member of the joint account can...

What is 'Joint Return' A U.S. income tax return filed on behalf of a married couple, resulting in a combined tax liability....

What is 'Joint Bond' A bond that is guaranteed by a party other than the issuer. A joint bond is an issue...