ALIMONY SUBSTITUTION TRUST
A kind of trust agreement wherein the generated income from a trust of a divorced person will be used to pay spousal support. The alimony substitution trust and receiving alimony differ from each other through their taxation. The ex-spouse, responsible to generate income from the trust, is not obligated to pay income taxes from the trust's generated income nor a tax deduction will be received from the payments made from this trust.
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Commodity Futures Trading Commission - CFTC
Independent federal agency in the United States regulating the commodity futures and options markets. A product of the Commodity Futures Trading Co ...
Accelerated Amortization
It is an extra payment that is made toward a mortgage principal. By using accelerated amortization, the loan borrower can pay additional payment to ...
SFC
Securities And Futures Commission (SFC) is a regulatory body created by the Securities and Futures Commission (SFCO) for Hong Kong that regulates a ...
Raider
A raider is a person that attempts to take over a company through making a hostile takeover bid. Raiders target companies with undervalued assets a ...
Net Sales
It refers to the gross revenues minus returns and discounts of a company. It is the amount presented in an income statement under sales revenue.
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