Category: Finance & Investment Terms

 third-party guarantee of an obligation without compensation

 stock paying high dividend yield than usual for this particular company this happens when the price of the stock fall sharply and the dividend payment Remains the Same raising the dividend yield to an abnormally high level

value paid to the beneficiary of an accidental death insurance policy or a life insurance policy having an accidental death clause or writer in the event of the insured dies because of an accident such policies or Clauses often provide also for bodily injury causing various forms of dismemberment in which case the benefit is paid to the insurer double or triple identity policies pay twice or three times a base value of the policy exclusions typically applied to death or injury caused by War illegal activities or non-commercial Aviation time meaning death or dismemberment must occur within a specified. Following an accident in age limits usually apply

 in general:  agreement created when the drawer of the time draft bill of exchange rights the word accepted above the Signature and  designates a date of payment the drawee becomes acceptor responsible for payment at maturity also paper issued and sold by sales finance companies such as Allied Finance Incorporated 

provision in a life insurance policy that allows greater benefits to be paid to a terminally ill patient by reducing death benefits 

 provision normally present in an indenture agreement mortgage or other contract that the unpaid balance is to become due and payable is specified event of default should occur such events include failure to meet interest principal or sinking fund payment insolvency and non-payment of taxes on mortgaged property

depreciation methods that allow faster write-offs than single line rates in earlier periods of the useful life of an asset for example in the first few years of recovery MARCS allows a 200% double declining balance right off which is twice the rate of straight-line depreciation depreciable assets other than buildings fall into three -5 -7 -10 -15 negative or 20-year recovery periods under the general depreciation system 

provision instituted by the Economic Recovery Act of 1981 and Modified by the tax reform Act of 1986 which established rules for the depreciation the recovery of cost through tax deductions of qualifying assets within a short order period. Then the assets expected useful life with certain expectation exceptions arc’s rules provided for greater acceleration over longer periods of time than ERta rules and were effective for https://youtu.be/lBYf5EI0tg0 placed in service between 1980 and 87 the arcs was superseded by the modified accelerated cost recovery system (macrs) for asset placed in into service after 1986

 any investment used to avoid taxes that is not in compliance with the law such as a limited partnership the Internal Revenue Service deems to be claiming it legal tax deductions typically one that inflates the value of acquired property Beyond its fair market value if these right offs are denied by the IRS investors must pay severe penalties and interest charges on top of back taxes

 estimated rate at which real estate properties can be sold or leased in a particular area