HOPE CREDIT
A nonrefundable education tax credit that may be claimed for students that have yet to complete two years of post-secondary education. The Hope Credit may be taken for tuition and fees, but not for room and board or books. The student incurring the expenses can be either the taxpayer, spouse or dependent. The Hope Credit is for 2008.
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This talks about the earnings that a firm uses to raise its capital base. Capital accumulation includes gaining additional assets that can be used ...
Defined-Contribution Plan
A retirement plan where the percentage of money is set aside each year by the company for the benefit of their employees. There are restrictions as ...
Unscheduled Recast
Unscheduled Recast is a recomputation of remaining loan amortization schedule that is not scheduled. Some loans have contractual terms that when tr ...
Recompense
The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
Tortoise Rally
Slow and steady appreciation of market prices through time. This is more beneficial to long-term retail investors since they enjoy steady gains fro ...
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