ABSORBED ACCOUNT
An account that has been merged or combined with an another related account. The absorption of accounts to existing ones is a way to simplify the account process. After the absorption of an account, the original account's existence will cease, although a paper trail will be retained to show how the funds have been moved.
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Gift
Assets, money, or property transferred from one individual to another while expecting nothing in return. In the United States, the Internal Revenue ...
Claims Reserve
Money earmarked for the paying claims. The fund is set aside for the future payment of incurred claims which have not been settled. Thus, it repres ...
Spinning Top
Spinning top is a candlestick formation type often considered as neutral and seen as an indicator of indecision in the underlying asset’s dec ...
Amended Return
Correction of the tax return from the previous year. It is used to correct the errors and claims for tax filing. It is used also for like a misrepo ...
RiskGrades - RG
A measure used to calculate an asset portfolio’s risk. It is based on a variance-covariance approach measuring the volatility of asset portfo ...
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