Tag: income
Harmonized Sales Tax – HST
DefinitionThe harmonized sales tax is a consumption tax in Canada. It is used in provinces where both the federal goods and services tax and...
Hardship Withdrawal
What is 'Hardship Withdrawal' An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In...
Hazard Insurance
DefinitionHome insurance, also commonly called homeowner's insurance, is a type of property insurance that covers a private residence. It is an insurance policy that...
Headline Effect
What is 'Headline Effect' The effect that negative news in the popular press has on a corporation or an economy. Whether it...
Yield To Average Life
What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted for the maturity date...
Yield Pickup
What is 'Yield Pickup' The additional interest rate an investor receives when selling a lower-yielding bond in exchange for a higher-yielding bond....
Years Certain Annuity
What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
Halloween Massacre
Definition"Halloween Massacre" is the term associated with the major reorganization of United States president Gerald Ford's cabinet on November 4, 1975, which was an...
Yuppie
Definition"Yuppie" is a term coined in the early 1980s for a young professional person working in a city. Yuppie What is 'Yuppie' ...
Yield On Cost (YOC)
What is 'Yield On Cost - YOC' The annual dividend rate of a security divided by the average cost basis of the...