Accidental Death and Dismemberment Insurance (AD&D) Meaning of Accidental Death and Dismemberment Insurance The Accidental Death and Dismemberment insurance, abbreviated as AD&D, can be l...
The backdoor Roth IRA is an indirect loophole that allows high-income earners to contribute to the Roth IRA. Although, the government-sanctioned contribution to the Roth IRA through a backdoor, if you...
These are income fixed securities available that are usually sold for smaller dollar rates typically for $500 or less. Baby bond is very popular among average investors as a result of its small invest...
An adhesion contract is an agreement between two parties where one party has more power than the other and the terms and conditions of the contract is not negotiable. Generally, contracts contain ...
The Americans with Disability Act, abbreviated as ADA is a law that prohibits discrimination against people living with disabilities. It covers several areas including employment, public accommodat...
The American Opportunity Tax Credit (AOTC) The American Opportunity Tax Credit (AOTC) is a tax credit for education expenses for a qualified student (who is a taxpayer) for the first four...
In order to carry out an assessment of a company's financial leverage, the debt-to-equity ratio (D/E) is used. The debt-to-equity ratio of a company is often contained in the balance sheet of tha...
This is simply a fixed-interest rate paid subsequently for five years but subjected to adjustment after the first five years. It is also known as a 5-year ARM or 5-year-fixed period ARM. From the name...
This is one of the numerous criteria established by the Internal Revenue Code to count the number of days a person has been present on the shore of the US and use this to determine tax eligibility. Th...
WHAT IS EARNINGS BEFORE INTEREST AND TAXES (EBIT): Meaning, Relationship With Debt And Taxes, Applications And Shortcomings Meaning of EBIT Earnings before interest and taxes is a metric that...