LOAN SHARK
An individual or entity who lends money above the established legal rate. They recover it under bodily harm threat or other strong arm strategy. On a normal basis, lenders cannot charge more than 60% interest rate annum, but this depends on where an individual resides. But a loan shark illegally charges interest above a state’s legal limit that usually range up to - or over - 100%.
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CFP Franc - XPF
Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d ...
IRS Publication 575
A document that outlines the tax treatment of distributions from pensions and annuities, as well as the process of reporting income from these dist ...
Homeowners Association Fee - HOA Fee
A fee that has to be paid by owners of a residential property to an organization that helps with maintaining and improving that property.
Deep-Discount Bond
A bond that sells at a significant discount from par value. A bond that is selling at a discount from par value and has a coupon rate significantly ...
Non-Spouse Beneficiary Rollover
A retirement plan asset rollover performed in the event of the death of the account holder, where the recipient is not the spouse of the deceased. ...
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