MEDICARE PART D
A US prescription drug benefit program that was designed via Medicare Prescription Drug, Improvement, and Modernization Act of 2003. "D" means drugs. The program aims to subsidize the costs of prescription drugs and insurance premiums for beneficiaries. It gives three basic choices for recipients: stay in traditional Medicare without registering for the prescription drug benefit stated in the Act, remain in traditional Medicare, and sign up in a Medicare drug plan, other Medicare plans, or a comprehensive private health plan that can or cannot cover the prescription costs). The program started offering coverage on January 1, 2006.
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European Depository Receipt - EDR
Negotiable security (receipt) issued by a bank, representing securities that trade on exchanges outside the bank’s home country. These are tr ...
Import
Product or service shipped into a country or region from another. Exports and imports create the strength of foreign trade. If the value of imports ...
Running With The Land
Rights and covenants in a real estate deed that remain with the land, regardless of ownership. When rights and covenants run with the land, they ar ...
Income Effect
In economic theory, it refers to a change in the demand of a product or service caused by the consumers’ discretionary income. The connection ...
Capital Improvement
The attachment of a fixed structural improvement or the recovery of some feature of a property that will either boost the property's overall wo ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Assets
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An Introduction to Forex Currencies
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Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Retirement Planning: Last-Minute Preparation
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The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
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