SERIES I BOND
Series I Bond is a US government savings bond that is non-marketable and interest bearing. Series HH bonds earn a combination of a fixed interest rate and a variable inflation rate that is adjusted semi-annually. The purpose of Series I bonds is to provide investors with returns and protection on their purchasing power. Series I bonds’ interest are exempted from state and local taxes. It is not exempt from federal taxes. Majority of Series I bonds are electronically issued, however, they may also be transacted in paper certificates that have a minimum of $50 with the use of your income tax refund.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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