INTER-VIVOS TRUST
In estate planning, a fiduciary relationship that is established during the lifetime of the trustor for the benefit of another such as a trust created by a parent for an offspring. Also called a living trust, it has a duration deemed at the trust’s creation that can include distribution of assets to the beneficiary before or after the trustor dies. Conversely, a testamentary trust takes effect after the trustor’s death.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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Student Loans: Consolidating Federal Loans
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