ADDITIONAL CHILD TAX CREDIT
A refundable credit, claimable by the taxpayer who are not allowed to ask for the full non-refundable child tax credit for the reason that it exceeds their overall tax liability. The aim of the additional child tax credit is to reimburse the taxpayers for their non-refundable share of the credit tax of their child.
Families with not less than 3 qualified children may access the additional child tax credit.
POPULAR TERMS
Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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Digesting Financial Statements: Working Capital
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