TERM CERTAIN METHOD
Process of computing minimum distributions from a retirement account based on the account holder’s life expectancy. The method states the distribution or withdrawal from this account relies on the holder’s life expectancy at the time of his first withdrawal. The account becomes steadily depleted as life expectancy declines by one year in the succeeding years. Upon reaching the holder’s expectancy age, it will be totally depleted.
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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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An Introduction to Ethical Investing
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An Introduction to Forex
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An Introduction to Insurance
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A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
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