SECTION 1256 CONTRACT
Section 1256 Contract is a kind of investment under the Internal Revenue Code implemented by the Internal Revenue Service where every contract is held until the end of a tax year by a taxpayer to be treated as if it was already sold for the price of its market value with gains and losses considered as short-term or long-term capital gains. (IRC) Section 1256 Contract are regulated futures contract, dealer securities future contract, non-equity option, dealer equity option, foreign currency contract.
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Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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