TAX EQUITY AND FISCAL RESPONSIBILITY ACT OF 1982 - TEFRA
Federal tax legislation which repealed certain provisions of the Economic Recovery Tax Act of 1981. Passed in 1982, both acts were enacted during the term of former US President Ronald Reagan. This law lowered income tax rates while high rates were given a maximum of 50%.
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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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