Tag: individuals
Crony Capitalism
DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...
Pass-Through Security
What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...
Head Of Household
DefinitionHead of Household is a filing status for individual United States taxpayers. Head Of Household What is 'Head Of Household' A status...
Paradox Of Thrift
DefinitionThe paradox of thrift is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate...
Qualified Eligible Participant (QEP)
What is 'Qualified Eligible Participant - QEP' An individual who meets requirements to trade in different investment funds, such as futures and...
Qualified Distribution
What is a 'Qualified Distribution' Distributions made from a Roth IRA that are tax and penalty free. In order to be a...
Variable Survivorship Life Insurance
What is Variable Survivorship Life Insurance
Variable survivorship life insurance is a type of permanent life insurance that pays a death benefit to the surviving...
Wage Earner Plan (Chapter 13 Bankruptcy)
What is the Wage Earner Plan (Chapter 13 Bankruptcy)?
The Wage Earner Plan, also known as Chapter 13 bankruptcy, is a repayment plan for individuals...
Gap Amount
What is 'Gap Amount' Insurance will only cover a certain amount of coverage if leased items are stolen or totaled. There is...
Tax Anticipation Bill (TAB)
What is a TAB and what are its benefits
A Tax Anticipation Bill, or TAB, is a type of loan that allows taxpayers to borrow...