Tag: years

Qualifying Transaction

What is 'Qualifying Transaction' A type of transaction that occurs when a company issues public stock in Canada. A qualifying transaction occurs...

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...

Qualified Distribution

What is a 'Qualified Distribution' Distributions made from a Roth IRA that are tax and penalty free. In order to be a...

Variable Rate Mortgage

DefinitionA variable-rate mortgage, adjustable-rate mortgage, or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an...
Qualified savings bonds

Qualified Savings Bond

What are Qualified Savings Bonds Qualified savings bonds are a type of investment that can offer certain tax advantages for taxpayers who meet the eligibility...

Vanishing Premium

Vanishing Premium What is 'Vanishing Premium ' A type of periodic fee, paid in exchange for an insurance policy, that eventually...

Vanishing Premium Policy

What is 'Vanishing Premium Policy' A vanishing premium policy is a form of participating whole life insurance where the policyholder can use...

Vance D. Coffman

DefinitionVance D. Coffman was the chairman of the board and chief executive officer of Lockheed Martin Corporation. He was elected to the board of...

Variable Interest Rate

What is a 'Variable Interest Rate' A variable interest rate is an interest rate on a loan or security that fluctuates over...

Four Percent Rule

The four percent rule, in the simplest of terms, and helps in determining the amount of funds that a retired person should withdraw from...

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