Alpha
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilityAlpha Alpha /ˈælfə/ (uppercase .mw-parser-output .polytonic{font-family:"SBL BibLit","SBL Greek",Athena,"EB Garamond","EB Garamond 12","Foulis Greek","Garamond Libre",Cardo,"Gentium Plus",Gentium,Garamond,"Palatino Linotype","DejaVu Sans","DejaVu Serif",FreeSerif,FreeSans,"Arial Unicode MS","Lucida Sans Unicode","Lucida Grande",Code2000,sans-serif}Α, lowercase α; Ancient Greek: ἄλφα, álpha, modern pronunciation álfa) is the first letter of the Greek alphabet. In the system of Greek numerals, it has a value of...
National Association of Mortgage Brokers (NAMB)
What is 'National Association of Mortgage Brokers - NAMB' An organization that protects the interests of mortgage brokers in the United States and encourages its members to maintain high levels of professionalism and ethical standards. As part of its commitment to upholding a professional code of ethics, the National Association of Mortgage Brokers (NAMB) provides mortgage brokers with educational opportunities...
Tax Deduction
What is a tax deduction and how does it work A tax deduction is an expense that can be subtracted from your taxable income. This reduces the amount of taxes you owe. For example, let's say you earn $50,000 per year and you have $5,000 in deductions. This means that you would only be taxed on $45,000 of income. There...
Magna Cum Laude
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Back-End Ratio
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Diversification
Diversification is a technique that deals with risk management by mixing a wide range of investments in a single portfolio in hope that the sheer number of investments can result in higher returns with low risks. In other words, if a number of investments can yield greater results, they may neutralize the loss from an individual investment in the...
National Association of State Boards of Accountancy (NASBA)
What is 'National Association Of State Boards Of Accountancy - NASBA' A U.S. nonprofit group founded in 1908 that seeks to enhance the effectiveness of the state boards of accountancy. Public accountancy is regulated at the state level, with each state maintaining an independent board of accountancy that oversees the profession. NASBA assists the 55 state boards...
Large Value Transfer System (LVTS)
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Reaganomics
Definition Reaganomics is the term used to describe the economic policies advocated by former United States President Ronald Reagan throughout the 1980s. These policies are frequently connected with supply-side economics, which political opponents refer to as trickle-down economics or voodoo economics, and free-market economics, which political supporters refer to as free-market economics. What is 'Reaganomics' When referring to the economic policies of...
Passive Foreign Investment Company (PFIC)
What is a 'Passive Foreign Investment Company - PFIC' A passive foreign investment company (PFIC) is a foreign-based corporation that exhibits either one of two conditions. The first condition, based on income, is that at least 75% of the corporation's gross income is "passive," income that is derived from investments rather than from the company's regular business...