Tag: savings
Short on Cash? 12 Ways To Make Ends Meet
Do you feel like the task of making ends meet is a struggle? Have you ever wondered how people who are short on cash...
Health Savings Account (HSA)
What is a 'Health Savings Account - HSA' A Health Savings Account (HSA) is an account created for individuals who are covered...
Health Reimbursement Account (HRA)
What is a 'Health Reimbursement Account - HRA' A health reimbursement account (HRA) consists of employer-funded plans that reimburse employees for incurred...
Yupcap
What is 'Yupcap'
A slang term for a young urban professional who cannot afford property. Yupcaps are people in their late twenties or early thirties...
Individual Retirement Account – IRA
DefinitionAn individual retirement account is a form of "individual retirement plan", provided by many financial institutions, that provides tax advantages for retirement savings in...
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...
Offset Mortgage
Definition
The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first...
One-Bank Holding Company
What is 'One-Bank Holding Company' A corporation that holds at least a quarter of the voting stock of a commercial bank. One-bank...
Office Of The Comptroller Of The Currency (OCC)
What is 'Office Of The Comptroller Of The Currency - OCC' A U.S. federal agency that serves to charter, regulate and supervise...
Office Of Thrift Supervision (OTS)
What is the Office of Thrift Supervision (OTS)?
The Office of Thrift Supervision (OTS) is a federal regulator of savings and loan associations, savings banks,...