BACKUP WITHHOLDING
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the government tax-collecting agencies ( such as the Canada Revenue Agency or IRS) can receive income taxes due from the earning of investors. Backup withholding is applicable once an investor didn't able to fulfill the rules concerning taxpayer identification number (TIN). Once the investor withdraws his/her investment income, the amount required by the backup withholding tax will be remitted to the government, giving the tax collecting body with the needed funds right away, but leaving leaving the investor with decreased short-term cash flow.
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Permutation
In mathematics, one of several ways of arranging or picking a set of items. The number of permutations possible for arranging a given a set of n nu ...
Hope Now Alliance
Hope Now Alliance was established in 2007 to respond to upset homeowners in the U.S. This organization consists of investors in mortgage-backed sec ...
Sample Selection Bias
Sample Selection Bias is a type of bias resulting from the selection of non-random data meant for statistical analysis.
Mortgage Constant
Ratio between the annual amount payable to the original value of the mortgage loan plus principal and interest. This is only applicable to loans wi ...
Broad-Based Weighted Average
Anti-dilution provision of stock ownership where new shares are issued to preferred and common shareholders when the company makes additional offer ...
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SEE FOREX TUTORIAL
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Buying a Home: Getting Into the Escrow Process
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Renovate or Move?
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