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61 Results for Tag: trust

Katie Couric Clause

Katie Couric Clause What is 'Katie Couric Clause' A slang term for a controversial proposed clause from a Securities and Exchange Commission (SEC) rule (formally known as the Executive Com

Hawala

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

Headline Earnings

Headline Earnings What are 'Headline Earnings' Headline earnings is a basis for measuring earnings per share implemented by the Institute of Investment Management and Research. This method

Yen ETF

Yen ETF What is 'Yen ETF' Exchange-traded funds that invest primarily in yen-backed assets such as short-term debt instruments and bonds, or hold the currency in simple interest-bearing ac

Incentive Trust

DefinitionIn American estate planning parlance, an incentive trust is a trust designed to encourage or discourage certain behaviors by using distributions of trust income or principal as an

Immediate Beneficiary

Immediate Beneficiary What is 'Immediate Beneficiary' A beneficiary designation most commonly used in charitable gift planning to describe which parties get an immediate benefit from a tra

National Housing Act

National Housing Act What is 'National Housing Act' Federal legislation passed in 1934 to create the Federal Housing Administration (FHA). Its purpose is to make credit more available to l

Named Beneficiary

Named Beneficiary What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts, IRAs, or any other instrument, to wh

National Securities Clearing Corporation (NSCC)

National Securities Clearing Corporation (NSCC) What is 'National Securities Clearing Corporation - NSCC' A subsidiary of the Depository Trust & Clearing Corporation (DTCC) that provid

Old-Age And Survivors Insurance Trust Fund

Old-Age And Survivors Insurance Trust Fund What is 'Old-Age and Survivors Insurance (OASI) Trust Fund' One of the two trust funds managed by the Social Security Administration, the Old-Age
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