SERIES I BOND
Series I Bond is a US government savings bond that is non-marketable and interest bearing. Series HH bonds earn a combination of a fixed interest rate and a variable inflation rate that is adjusted semi-annually. The purpose of Series I bonds is to provide investors with returns and protection on their purchasing power. Series I bonds’ interest are exempted from state and local taxes. It is not exempt from federal taxes. Majority of Series I bonds are electronically issued, however, they may also be transacted in paper certificates that have a minimum of $50 with the use of your income tax refund.
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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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