6 Results for Tag: transfers


DefinitionHawala or hewala, also known as hundi or—in Somali, xawala or xawilaad—is a popular and informal value transfer system based not on the movement of cash, or on telegraph or com

Qualifying Disposition

Qualifying Disposition What is 'Qualifying Disposition' A sale, transfer or exchange of stock obtained through a qualified stock option incentive plan, namely incentive stock option (ISO)

Qualified Terminable Interest Property (QTIP) Trust

Qualified Terminable Interest Property (QTIP) Trust What is a 'Qualified Terminable Interest Property (QTIP) Trust' A qualified terminable interest property (QTIP) trust is a type of trust

Generation-Skipping Trust

Generation-Skipping Trust What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are passed down to

Generation-Skipping Transfer Tax (GSTT)

Generation-Skipping Transfer Tax (GSTT) What is 'Generation-Skipping Transfer Tax - GSTT' A tax incurred when there is a transfer of property by gift or inheritance to a beneficiary who is

Zero Balance Account (ZBA)

Zero Balance Account (ZBA) What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of zero is maintained by automatically transferring