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Related Definitions
Credit Application Credit Application is permission sought for a loan allowance. It can be submitted verbally or in writing, generally using an automated process.
Franking Credit Franking Credit is a sort of tax benefit paid by the company in addition to dividend payouts. Rather than issuing a direct fine, removing these credits...
Credit Shelter Trust A Credit Shelter Trust (CST) is a property-related instrument used by married couples to gradually reduce, if not completely eliminate, the estate tax due when the surviving spouse dies.
Credit unions Credit unions are member-owned savings cooperatives, normally sponsored by a union, company or professional or religious group.
Unified tax credit Unified tax credit is a tax credit that can be used to reduce the amount of the federal estate or gift tax.
Past-service credits Past-service credits mean pension benefits awarded to employees based on service with the employer prior to the inception of the plan.
Credit default swap Credit default swap is an agreement in which the risk of default of a financial instrument is transferred from the owner of the financial
Redintegration Redintegration is a principle that is taken to be a prime example of the laws of association where the perception of a whole unit is accomplished after only a part of it has been presented to the subject.
Heredity Heredity is the biological transmission of characteristics from parents to offspring.
Accredited investor Accredited investor refers to an individual whose net worth, or joint net worth with a spouse, exceeds $1,000,000; or whose individual income exceeded $200,000 or whose joint income with a spouse exceeded $300,000 in each of the 2 most recent years and can be expected to meet that income in the current year. More details of the definitions for investors other that individuals are found in Regulation D of the Securities and Exchange Commission.