529 SAVINGS PLAN
Tax-advantaged saving method used for future college expenses, as authorized by Section 529 of the Internal Revenue Code. The plan allows the account holder to put up a college savings account for a beneficiary, which will be used in paying for tuition, lodging, mandatory fees, and required books and computers. The money placed on this account may be invested in stock or bond mutual funds, or in money market funds. Earnings are not subject to federal tax or state tax in most cases, as long as the money will be used solely for qualified college expenses.
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Conditionality
Requirements placed on using or distributing money, most frequently associated with aid money, which is lent to another country. Countries or inter ...
Mortgage Cash Flow Obligation - MCFO
A pay-through unsecured general obligation bond with many classifications. It combines the cash flow from a pool of mortgages and the revenue from ...
Back Of The Napkin Business Model
A casual word that pertains to the illustration of the fundamental parts of a business model except for any fine details. It include only the prima ...
KPW
The currency abbreviation for North Korean Won, currency of North Korea. It is divided by 100 chon and presented with the symbol W. The term &ldquo ...
SEC Form 24F-2
SEC Form 24F-2 is also referred to as the Annual Notice of Securities Sold. This means that SEC Form 24F-2 is a filing that must be annually submit ...
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