Earnest money in real estate deal (often called home deposit) refers to a deposit that is made by a buyer to a home seller as an indication of his interest to buy the home. When a buyer intends to...
Brief Overview Of The Asian Infrastructure Investment Bank (AIIB) The Asian Infrastructure Investment Bank (AIIB) is a multinational development bank that has the sole mission of building infrastr...
Section 501(c)(3) is part of the Internal Revenue Code that allows nonprofit making organizations to be exempted from payment of tax. Organizations that usually benefit from this exemption are chariti...
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...
A 457 plan is a non-qualified, tax benefits retirement contributions account sponsored by the employers in local and state government organizations and nonprofit making organization for their employee...
A 403(b) Plan is very similar to but different from a 401(k). This is because the 403(b) plan is a retirement account set up for workers in public schools and tax-exempt organizations. Unlike a 401(k)...
A 401(k) Plan is a retirement plan designed by the US government and sponsored by the employer for an employee. The name of the plan is coined after a section of the US Internal Revenue Code. The plan...
Facebook reported its earnings after the hours on January 29, 2020, and the stock plummeted right after the report came out. Although Facebook had a good business model, it struggled to i...
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...
A 51% Attack is an attack on blockchains usually by a single miner or a group of miner. The attack gives the attackers control over half of the computing power or harshrate securing a blockchain. With...