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...
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...
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...
This is simply the yield paid on a US Treasury Security that has 30 years of maturity. This Treasury used to be the benchmark of the US bond, but the 10-year Treasury is fast gaining more ground. The ...
Credit Default Swap (CDS) What is a Credit Default Swap (CDS)? A credit default swap (a type of credit derivative contract) refers to a financial contract that permits an investor to...
11th District Cost of Funds Index is a monthly cost of fund index (COFI) portraying the weighted average interest paid by western states financial institutions on savings and checking accounts. The fi...
What is Bankruptcy? Bankruptcy is a court proceeding where a judge and court trustee examine the assets and liabilities of individuals and businesses who find it difficult to ...
Recently, crop futures traded in Chicago sank as China’s death toll from the coronavirus outbreak increased amid government reports that the infection was spreading more quickl...