JOINT TENANTS WITH RIGHT OF SURVIVORSHIP - JTWROS
A brokerage account owned by at least two individuals. All joint owners share equal right to the account’s assets and are given survivorship rights in case another account holder dies. Also called tenancy by entirety, if one of the account members die, surviving member(s) will have the total worth of the other member’s share of account assets.
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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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