Tag: income
GDP Gap
DefinitionThe GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output...
Obligation Bond
What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....
Year-End Bonus
What is 'Year-End Bonus' A reward paid to an employee at the end of the year. Many year-end bonuses are tied to...
M3
What is 'M3' M3 is a measure of the money supply that includes M2 as well as large time deposits, institutional money...
MLP
An MLP is a master limited partnership. These are companies organized as partnerships that are publicly traded, combining both the advantages of a private...
It is a 401k?
A 401k plan is a retirement plan that is available through an employer. It allows you to save and grow your nest egg using...
ICSC-UBS Store Sales
What is 'ICSC-UBS Store Sales' A weekly economic figure published by the International Council of Shopping Centers and UBS Bank, that measures...
U.S. Department of Housing and Urban Development (HUD)
What is HUD and what does it do
HUD is the U.S. Department of Housing and Urban Development, a Cabinet-level agency created in 1965 to...
C Corporation
What is a C Corporation
A C corporation is a business structure in which the company's shareholders own its assets and are liable for its...
Wage Assignment
What Is a Wage Assignment?
A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to...