- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at any time, the assets are considered part of the grantor's estate and they are taxed as such.
Industry:Financial services
Accounting principles required by the FHLB that allow S&Ls to elect annually to defer gains and losses on the sale of assets and amortize these deferrals over the average life of the asset sold.
Industry:Financial services
The term used under Rule 144 for securities issued privately by the company, without the benefit of a registration statement. Restricted securities are subject to a holding period before they can be sold under Rule 144.
Industry:Financial services
An estimate of the value of property using various methods.
Industry:Financial services
A legal commitment in which a bank promises to lend a customer up to a specified maximum amount during a specified period.
Industry:Financial services
Risk that arises when insurance companies are subject to regulation of the premium rates that can they charge.
Industry:Financial services
A portion of retained earnings not allowed by law to be used for the payment of dividends.
Industry:Financial services
An intermediary who receives a commission for arranging and facilitating the sale of a property for a buyer or a seller.
Industry:Financial services
