Tag: payment

A-Credit

What is 'A-Credit' The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system...

OTC

Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded...

W-9 Form

DefinitionForm W-9 is used in the United States income tax system by a third party who must file an information return with the Internal...

W-2 Form

What is the 'W-2 Form' The W-2 form is the form that an employer must send to an employee and the Internal Revenue Service (IRS)...

Face Value

What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...

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