1040 FORM
The Internal Revenue Service (IRS) form used to file the individual’s annual income tax return. The form is comprised of sections which require the taxpayer to state their financial income status for the year to determine if he owes additional taxes or is eligible for a tax refund. The 1040 form has to be filed with the IRS by April 15. Also called long form or the US Individual Income Tax Return.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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