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

National Savings Rate What is 'National Savings Rate' An estimate from the U.S. Commerce Department's Bureau of Economic Analysis (BEA) of the amount of income left over after subtracting

DefinitionThe combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the nanny tax. Under current law, an

DefinitionThe one-child policy, a part of the family planning policy, was a population planning policy of China. It was introduced in 1979 and began to be formally phased out near the end of

Savings Club What is 'Savings Club' A non-incorporated group that has opened some type of savings or other deposit account. The money in the account is the joint property of all club membe

Savings Rate What is a 'Savings Rate' A savings rate is the amount of money, expressed as a percentage or ratio, that a person deducts from his disposable personal income to set aside as a

Back-Of-The-Envelope Calculation What is 'Back-Of-The-Envelope Calculation' An informal mathematical computation, often performed on a scrap of paper such as an envelope. A back-of-the-env

DefinitionHead of Household is a filing status for individual United States taxpayers. Head Of Household What is 'Head Of Household' A status held by the person in a household who is runni

DefinitionAn action to quiet title is a lawsuit brought in a court having jurisdiction over property disputes, in order to establish a party's title to real property, or personal property ha

Family Income Rider What is 'Family Income Rider' An addition to a life insurance policy that provides the beneficiary with an amount of money equal to the policyholder's monthly income if