CAPITAL TRANSFER TAX
An inheritance tax imposed in the United Kingdom on estates surpassing a particular worth. In 1975, this tax replaced the general estate duty, and in 1986, was itself replaced by the IHT or Inheritance Tax. The number of tax comes from the worth of the deceased's properties moved within a particular time of the death (both personal and real estate), less charitable gifts.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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