Tag: vehicle
Parking Violation
DefinitionA parking violation is the act of parking a motor vehicle in a restricted place or for parking in an unauthorized manner. It is...
Qualified Electric Vehicle
What is 'Qualified Electric Vehicle' An electric vehicle that qualifies the owner to claim a nonrefundable tax credit. A qualified electric vehicle...
Qualified Personal Residence Trust (QPRT )
What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...
Watercraft Nonowned Insurance
Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned...
Wear And Tear Exclusion
Wear And Tear Exclusion What is 'Wear And Tear Exclusion ' A provision of an insurance contract that states that the...
General Motors (GM) Indicator
What is 'General Motors (GM) Indicator' An indicator based on the theory that the performance of U.S. automaker General Motors (GM) is...
Gas Guzzler Tax
What is the gas guzzler tax and how does it work
The gas guzzler tax is a fee levied on vehicles that have poor fuel...
Garage Liability Insurance
What is Garage Liability Insurance and why do you need it
Garage liability insurance is a type of insurance specifically for businesses that offer automotive...
Gap Insurance
DefinitionGuaranteed Auto Protection insurance was established in the North American financial industry. GAP insurance is the difference between the actual cash value of a...
Dealer Market
What is a 'Dealer Market' A financial market mechanism wherein multiple dealers post prices at which they will buy or sell a...