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The upper portion of an end wall formed by the slope of a roof.
- Browse Related Terms: Crocket, Dormer, Eyebrow dormer, Gable, Mansard, Pediment, Pitched, Shed Dormer
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Stocks that increase in value over the course of the trading day are described as gainers or advancers.
Those that increase the most in relation to their opening price are called percentage gainers, or percentage winners. Those that go up the greatest number of points are called net gainers, or dollar winners.
On a day that the stock market indexes go up, there are typically more gainers than there are losers or laggards - stocks that have lost value. And on a day where there's little change, there are likely to be similar numbers of gainers and losers.
- Browse Related Terms: Advance-decline (A-D) line, Advancer, Decliner, Gainer, Loser, Rally, Sell-off
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Iron that has been coated with zinc to inhibit rusting.
- Browse Related Terms: Galvanized Iron, Grille, Wrought Iron
All > Business > Finance > Insurance > Auto Insurance
Insurance that pays the difference between the actual cash value of a vehicle and the amount still to be paid on the loan, Some gap policies may also cover the amount of the deductible.
Insurance coverage that pays to the lender the difference between what you owe on your auto loan and your car's actual cash value in the event of a theft or total loss.
Insurance coverage that pays the difference between what you owe on your auto loan and your totaled car’s actual cash value.
Insurance coverage that typically pays the difference between what you owe on your auto loan and your totaled car's actual cash value. There may be exclusions for certain costs or expenses not related to the value of the automobile.
- Browse Related Terms: Collision, Collision Coverage, Comprehensive Coverage, Comprehensive physical damage coverage, Custom/Non-factory Equipment Coverage, Depreciation, Gap Insurance, Stacking of UM or UIM, Towing and labor coverage, Towing Coverage
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Legislation enacted in 1982 that provided the thrift industry more flexibility in managing assets and liabilities. As a result, the thrifts were authorized to: (1) invest up to 50% of assets in construction and development loans; (2) invest up to 30% of assets in consumer loans, commercial paper, and corporate debt; (3) own real estate development companies; (4) use land and other noncash assets in the capitalization of new charters, instead of the previously required cash; and (5) offer money market deposit accounts.
- Browse Related Terms: American Recovery and Reinvestment Act of 2009, Conservatorship, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act), Emergency Economic Stabilization Act (EESA), Garn-St. Germain Depository Institutions Act, Housing and Economic Recovery Act (HERA), Inspector General Act, Inspector General Reform Act, Interest Rate Risk
Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor’s property (such as wages or bank accounts) held by the third party.
Garnishment is the withholding of wages for the payment of a debt. It is regulated by the Consumer Credit Protection Act, (CCPA).
- Browse Related Terms: Bargaining representative, Consumer Credit Protection Act, (CCPA), Dependent employer, Enter into employment, Form 1099, Form W-2, Garnishment, H-1B dependent employer, Lockout, Misrepresentation, Per diem, Recruitment, Snap-shot, Strike
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A legal process that allows a creditor to remove funds from your bank account to satisfy a debt that you have not paid. If you owe money to a person or company, they can obtain a court order directing your bank to take money out of your account to pay off your debt.
Office of the Comptroller of the Currency, U.S. Department of the Treasury - Cite This Source - This Definition- Browse Related Terms: Automatically Protected, Availability policy, Available Balance, Debit, Decedent, Deposit slip, Frozen Account, Garnishment, Garnishment/Garnish, Not Automatically Protected, Offset, Right of, Passbook, Right of offset, Uncollected funds
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A legal process allowing a financial institution to remove funds from your deposit or share account to satisfy a debt that you have not paid. If you owe money to a person or company, they can obtain a court order directing your financial institution to take money out of your account to pay off your debt. Not all states allow garnishment actions.
- Browse Related Terms: Automated Clearing House (ACH), Automated Teller Machine (ATM), Error Resolution, Frozen Account, Garnishment/Garnish, General account, Joint Account, Margin account, Minimum Amount to Open, Point of Sale (POS), Right of offset, statement
All > Business > Finance > Personal Finance > Income Tax
An excise tax paid by consumers when they purchase gasoline. The tax covers the manufacture, sale, and use of gasoline.
- Browse Related Terms: gasoline excise tax, long-distance telephone tax refund, luxury tax, market economy, property taxes, resources, tax shift, telephone tax refund, user fees, user tax
- Browse Related Terms: Balance on goods and services, GDI, GDP, GDP by state, GDP price index, GDP-by-industry accounts, Gross domestic income, Gross domestic income (GDI), Gross domestic product, Gross domestic product (GDP) by state, Gross domestic product price index, Gross domestic product-by-industry accounts, Gross national product (GNP), Gross state product, Implicit price deflator (IPD), NDP, Net domestic product, Net domestic product (NDP), Net gross receipts, NGR, Statistical discrepancy, Value added
- Browse Related Terms: Balance on goods and services, GDI, GDP, GDP by state, GDP price index, GDP-by-industry accounts, Gross domestic income, Gross domestic income (GDI), Gross domestic product, Gross domestic product (GDP) by state, Gross domestic product price index, Gross domestic product-by-industry accounts, Gross national product (GNP), Gross state product, Implicit price deflator (IPD), NDP, Net domestic product, Net domestic product (NDP), Net gross receipts, NGR, Statistical discrepancy, Value added
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- Browse Related Terms: Balance on goods and services, GDI, GDP, GDP by state, GDP price index, GDP-by-industry accounts, Gross domestic income, Gross domestic income (GDI), Gross domestic product, Gross domestic product (GDP) by state, Gross domestic product price index, Gross domestic product-by-industry accounts, Gross national product (GNP), Gross state product, Implicit price deflator (IPD), NDP, Net domestic product, Net domestic product (NDP), Net gross receipts, NGR, Statistical discrepancy, Value added
- Browse Related Terms: Balance on goods and services, GDI, GDP, GDP by state, GDP price index, GDP-by-industry accounts, Gross domestic income, Gross domestic income (GDI), Gross domestic product, Gross domestic product (GDP) by state, Gross domestic product price index, Gross domestic product-by-industry accounts, Gross national product (GNP), Gross state product, Implicit price deflator (IPD), NDP, Net domestic product, Net domestic product (NDP), Net gross receipts, NGR, Statistical discrepancy, Value added
- Browse Related Terms: Balance on goods and services, GDI, GDP, GDP by state, GDP price index, GDP-by-industry accounts, Gross domestic income, Gross domestic income (GDI), Gross domestic product, Gross domestic product (GDP) by state, Gross domestic product price index, Gross domestic product-by-industry accounts, Gross national product (GNP), Gross state product, Implicit price deflator (IPD), NDP, Net domestic product, Net domestic product (NDP), Net gross receipts, NGR, Statistical discrepancy, Value added
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A general account is a deposit account. In the insurance industry, a general account is the account into which all incoming funds, except those designated for a separate account, are deposited.
Deposits to a general account include premiums for life insurance and fixed annuities, plus assets in the fixed portfolios of variable annuities.
Assets in a general account can be used to cover company expenses and are vulnerable to creditors' claims. In fact, this account can be sued to pay the firm's obligations. That's one reason that contract holders are cautioned that payouts are subject to the insurer's ability to pay its claims.
The Federal Reserve considers brokerage firms' margin accounts that are governed by Regulation T as general accounts. The Fed requires that all margin transactions made on behalf of clients be conducted through the clients' individual general accounts.
- Browse Related Terms: Automated Clearing House (ACH), Automated Teller Machine (ATM), Error Resolution, Frozen Account, Garnishment/Garnish, General account, Joint Account, Margin account, Minimum Amount to Open, Point of Sale (POS), Right of offset, statement
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A General Agreement on Tariffs and Trade was signed in 1947 to provide an international forum to encourage free trade, reduce tariffs, and provide a mechanism for resolving trade disputes.
The Uruguay Round Agreements Act was ratified by Congress in 1994 to foster trade by cutting international tariffs, standardizing copyright and patent protection, and liberalizing trade legislation.
- Browse Related Terms: Closing a mortgage loan, Down Payment, First Mortgage, General Agreement on Tariffs and Trade (GATT), Lease, Lien, mortgage, Release of Lien
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A person who oversees a home improvement or construction project and handles various aspects such as scheduling workers and ordering supplies.
- Browse Related Terms: Asbestos, Building Code, Finish, General Contractor, Historic Fabric, Manufactured home, Mobile home, Original appearance, radon
Includes production by all Federal, state, and local government agencies except for government enterprises. Related terms: Business sector, Households and institutions sector.
- Browse Related Terms: Business sector, Current surplus of government enterprises, Enterprises, General government sector, Government enterprise, Government enterprises, Households and institutions sector, Income payments on assets, Interest and miscellaneous payments, Interest and miscellaneous receipts, Other current transfer payments to the rest of the world, Persons, Private remittances, Subsidies, Taxes on production and imports
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State and local governments issue general obligation (GO) municipal bonds and pay the interest and repay the principal from general revenues.
GO bonds considered somewhat less risky, and so pay slightly lower rates, than the same municipality's revenue bonds, which are backed by income from a specific project or agency.
A municipality's general revenues come from the taxes it is able to raise and money it can borrow. Those powers are sometimes described as its full faith and credit.
- Browse Related Terms: accrued interest, Bonds (Corporate), Coupon Rate, Debt, Full faith and credit, General obligation (GO) bond, Insured bond, Senior bond, Treasuries
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A partnership made up of general partners, without special (limited) partners; that is, no partner's liability is limited.
- Browse Related Terms: Assessments, balance sheet, Capital or Cash Reserves, Chapter 7 Bankruptcy, General partnership, Liquid asset, Liquidity, Mutual savings bank, net worth, Nonliquid Asset, Underwriter, Uniform Residential Loan Application
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Geocode refers to the combination of applicable codes for the metropolitan area, state, county and census tract. These codes indicate the location of the property to which a loan relates.
Beginning with calendar year 2004 data, the combination is MSA-MD/state/county/census tract.
- Browse Related Terms: Activity Year, Census Tract, County Code, Geocode, Metropolitan Division (MD), Metropolitan Statistical Area (MSA), Metropolitan Statistical Area (MSA) / Metropolitan Division (MD), Quality Edits, State Code, Syntactical Edits, Validity Edits
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