Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- PASS-THROUGH TAXATION - A taxation situation where the business entity is not taxed and tax is only pai...
- PASS-THROUGHS - Payments on securities sold in the secondary market that are sent directly to investors...
- PASSBOOK - A book in which all the transactions in a bank account are noted. This book may list the tra...
- PASSBOOK ACCOUNT - a savings account that normally requires no minimum balance, no minimum term, no spe...
- PASSBOOK LOAN - a loan secured by funds in a savings account on deposit with the same institution origi...
- PASSBOOK SAVINGS ACCOUNT - Liquid account, providing FDIC insurance to $100,000 per person, that genera...
- PASSED IN - Property is 'passed in' at auction if the highest bid fails to meet the reserve price set b...
- PASSIVE - Income or loss from business activities in which a person does not materially participate, su...
- PASSIVE ACTIVITY - defined in the US Tax Code as one or more trades, business or rental activity, that ...
- PASSIVE ACTIVITY LOSS - LOSS generated from activities involved in the conduct of a trade or business i...
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