please tell me what "marital deduction" is
Category: glossary by I. P. From United States
a "marital deduction " is A tax deduction that allows an individual to transfer some assets to his or her spouse tax free, creating a reduction in taxable income. A marital deduction is mainly used for the purposes of estates and gifts. The Internal Revenue Service has strict guidelines for allowable deductions, so it is important to make sure that you or your accountant adheres to them when making deductions.
do you know what an "accounting research bulletins" is?
Category: glossary by D. Tillman from Vaughan, Canada
Bulletins containing recommended accounting procedures for the accounting community. The publications are written and issued by the accounting principles board (APB), and were issued by the committee on accounting procedure of the American Institute of Certified Public Accountants (AICPA) prior to 1959. While the recommendations are not binding in themselves, the Securities and Exchange Commission (SEC) usually imposes the recommendations on firms over which it has jurisdiction. Generally Accepted Accounting Principles (GAAP) are referred to a lot in accounting. GAAP represents not only any accounting laws in particular, but also the collection of accounting principles and suggestions that have accumulated throughout the years from the accounting research bulletins. APB itself has no enforcement over its suggestions, but GAAP is imposed by the SEC in the U.S.
Do you know any online fx platform that has informative first-timers manuals that you can advice me of?
Category: platform by W. Cash from Germany
We believe "FX Universal" is the forex site for you if you search for online fx platform that provides engaging manuals for beginners - they include gripping tutorials for beginners, with easy to understand dialog boxes and instructions. You can surely enjoy viewing them.
Will you recommend me of a forex site that's popular for its not that big commission charges
Category: money by Chad A. From United Kingdom
Definitely "Xforex". They don't charge any commission in "Xforex", the graphics are the most creative, you can start with relatively small deposits - from $50, and the customer support is top notch.
please define the "at the market"
Category: glossary by N. Golden from United States
"at the market " is An order to buy or sell a futures contract at the best available price upon entrance into the exchange for execution. This is identical to a market order in the securities markets. When an investor places an order at the market, he or she is willing to forgo price discrimination for speediness of entry to or exit from a futures contract.
please tell me what the "breakpoint" is
Category: glossary by Nathanael D. From Saint Petersburg, United States
For load mutual funds, the dollar amount for the purchase of the fund's shares that qualifies the investor for a reduced sales charge (load). The purchase may either be made in a lump sum or by staggering payments within a prescribed period of time. The latter form of investment purchase in a fund must be documented by a letter of intent. For example, suppose that an investor plans to invest $95,000 in a front-end load mutual fund and faces a sales charge of 6.25%, or $6,125. If a breakpoint of $100,000 exists with a lower sales charge of 5.5%, the investor should be advised to invest an additional $5,000. If the investor can add another $5,000 to the investment, he or she would benefit from a lower breakpoint sales charge of $5,500, or a savings of $625 on this transaction. Mutual funds are required to give a description of these breakpoints and the eligibility requirements in the fund prospectus. By reaching or surpassing a breakpoint, an investor will face a lower sales charge and save money. Any investor purchase of fund shares that occurs just below a breakpoint is considered unethical and in violation of NASD rules.
please define an "asset turnover"
Category: glossary by N. Burke from United States
"asset turnover " is The amount of sales generated for every dollar's worth of assets. It is calculated by dividing sales in dollars by assets in dollars. Formula: Asset turnover measures a firm's efficiency at using its assets in generating sales or revenue - the higher the number the better. It also indicates pricing strategy: companies with low profit margins tend to have high asset turnover, while those with high profit margins have low asset turnover.
please tell me what a "regulation t" is
Category: glossary by U. Y. From Duisburg, Germany
In the US, this refers to the federal regulation governing the amount of credit that may be advanced by brokers and dealers to customers for the purchase of securities.
do you know what "GDP gap" is?
Category: glossary by Konnor O. From United States
a "GDP gap " is The forfeited output of a country's economy resulting from the failure to create sufficient jobs for all those willing to work. A GDP gap denotes the amount of production that is irretrievably lost. The potential for higher production levels is wasted because there aren't enough jobs supplied.
please define the "sophisticated investor"
Category: glossary by Z. C. From Cork, Ireland
A type of investor who is deemed to have sufficient investing experience and knowledge to weigh the risks and merits of an investment opportunity. For certain purposes, net worth and income restrictions must be met before a person can be classified a sophisticated investor. The distinction makes an investor eligible to buy into certain investment opportunities, such as pre-IPO securities, that are considered "non-disclosure" or "non-prospectus" issues. Typically, a sophisticated investor must have either a net worth of $2.5 million or have earned more than $250,000 in the past two years to qualify. Sophisticated investors may have to prove their net worth prior to being eligible to purchase certain security types. Investors will often have their personal accountants send this proof to the brokerage firm. Sophisticated investors are the dream clients of most financial services firms, as they generate much higher fees than retail investors. Certain assumptions are made about sophisticated investors: that they can hold their investments indefinitely (the funds do not need to be liquidated for cash needs), and they can assume a total loss of investment principal without causing severe damage to their overall net worth.