Tag: house

Qualified Widow Or Widower definition explanation

What is Qualified Widow Or Widower?
The least common of the five types of tax filing status each taxpayer must select from when preparing their personal tax return. A qualified widow or widower is entitled to use the “”married filing jointly”” tax rates on an individual return for up to two years following the death of the spouse. Read more for examples and further explanation including related video clips and also comments
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Home Equity definition explanation

What is Home Equity?
The value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage payments. This value is built up over time as the property owner pays off the mortgage and the market value of the property appreciates. Read more for examples and further explanation including related video clips and also comments
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Disposable Income definition explanation

What is Disposable Income?
The amount of money that households have available for spending and saving after income taxes have been accounted for. Disposable personal income is often monitored as one of the many key economic indicators used to gauge the overall state of the economy.

Calculated as:

Also known as “”disposable personal income”” (DPI). Read more for examples and further explanation including related video clips and also comments
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Consumer Internet Barometer definition explanation

What is Consumer Internet Barometer?
A quarterly survey report produced by the Conference Board and TNS NFO that records, analyzes and reports on the internet usage of 10,000 U.S. households. The survey seeks to measure:

1. the importance of the internet in the daily lives of households
2. overall satisfaction of internet users
3. online-purchase characteristics, times and dates
4. users’ perceptions of security for online transactions and general internet usage Read more for examples and further explanation including related video clips and also comments
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Special Purpose Vehicle/Entity – SPV/SPE definition explanation

What is Special Purpose Vehicle/Entity – SPV/SPE?
1. Also referred to as a “”bankruptcy-remote entity”” whose operations are limited to the acquisition and financing of specific assets. The SPV is usually a subsidiary company with an asset/liability structure and legal status that makes its obligations secure even if the parent company goes bankrupt.

2. A subsidiary corporation designed to serve as a counterparty for swaps and other credit sensitive derivative instruments. Also called a “”derivatives product company.”” Read more for examples and further explanation including related video clips and also comments
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Electronic Payments Network – EPN definition explanation

What is Electronic Payments Network – EPN?
An electronic automated clearing house (ACH) that serves as the sole ACH for the private sector in the United States. The Electronic Payments Network handles numerous types of credit transfers, such as payroll payments, dividends, etc., as well as debit transfers, such as loan payments and insurance premiums. Read more for examples and further explanation including related video clips and also comments
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Dutch Book Theorem definition explanation

What is Dutch Book Theorem?
A type of probability theory that postulates that profit opportunities will arise when inconsistent probabilities are assumed in a given context and are in violation of the Bayesian approximation. The assumed probabilities can be rooted in behavioral finance, and will be a direct result of human error in calculating the probability that an event will occur. Read more for examples and further explanation including related video clips and also comments
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Kyoto Protocol definition explanation

What is Kyoto Protocol?
An international agreement that aims to reduce carbon dioxide emissions and the presence of greenhouse gases. Countries that ratify the Kyoto Protocol are assigned maximum carbon emission levels and can participate in carbon credit trading. Emitting more than the assigned limit will result in a penalty for the violating country in the form of a lower emission limit in the following period. Read more for examples and further explanation including related video clips and also comments
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