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Funds borrowed from either individuals or institutions. The upside of investing with borrowed capital is the potential for greater percentage gains; the downside is the potential loss of someone else's money, which must the ...
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Usury is the act of lending money which has an interest rate that might be regarded by the general market as unreasonably high and more often than ...
Interest rate enabled to fluctuate but cannot go higher than the set interest cap. These are supposed to give the borrower a hybrid of fixed and va ...
A federal tax credit which may be claimed by the federal taxpayers who acquire qualifying expenses, such as court costs, attorney fees, travel fees ...
Company owned and operated by individual that is socially or economically disadvantaged. Such firms are qualified for financial assistance, mentori ...
Secular is an adjective used in the financial field as description for a long-term time frame such as 10 years. Secular trends litter the market as ...
Finance for Individuals
Taxation in Finance
You Cannot Pay Uncle Sam… What’s Next?
What if, one day, you can no longer pay Uncle Sam? What should you do? Several variables determine the amount of tax an individual pays every year. In some instances, changes in these fac tors can lead to a much lower – or higher – tax bill than an individual expects.
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