A tax called backup withholding is levied on investment income when the investor withdraws those funds.
An alternate way of compensating employees is by offering them non-qualified stock options.
A policy loan is issued by an insurance company that uses the cash value of a person's life insurance policy as collateral.
Net settlement is the resolution of all of a bank's transactions at the end of the day.
A commission paid to an intermediary, agent, or other facilitator of a transaction is called a finder's fee.
Learn how Vanguard allows its 401(k) participants to take loans against their account with specific borrowing provisions and payment requirements.
Getting rid of an asset or security through a direct sale or some other method is called disposition.
A leasehold improvement is an alteration made to a rental premises in order to customize it for the specific needs of a tenant.
If part of an employee's pay is held for disbursement at a later time, it is called deferred compensation.
Closing costs are the expenses, over and above the price of the property, that buyers and sellers normally incur to complete a real estate transaction.