ALIMONY TRUST
An alimony trust is a kind of legal arrangement that transfers a property, as a source of support, to a former spouse after a separation or divorce. The spouse that will make the payment will transfer other assets and investments that will generate income into an alimony trust for the beneficiary or recipient spouse. An alimony deduction in the income from an alimony trust cannot be claimed by the payor spouse. On the other hand, recipient spouse will have to pay taxes on the income but not on the principal.
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Tax Court
Specialized court of the law handling and adjudicating tax disputes and issues. In the United States, the Congress has established a federal court ...
Accrual Swap
An interest rate swap which a counterparty pays reference rate, it is usually a three to six month of LIBOR.
Key Rate
A specific interest rate that decides bank lending rates and the credit cost for borrowers. Discount Rate and the Federal Funds rate are the two ke ...
Alternative Order
A mandate of an investor to buy or sell stock using a first come first served basis policy. It is also called the one cancels the other orders. ...
Catalog of Federal Domestic Assistance – CFDA
Government-wide compendium of Federal assistance programs, projects, activities, and services, which offers financial and nonfinancial assistance o ...
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| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
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| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
