income fund
A mutual fund that typically invests in securities that consistently produce a steady income, such as bonds or dividend-paying stocks.
Search Results for: income fund
life income with full refund option
life income with full refund option 全额偿还终身年金选择权 指年金的给付金额不少于保险金额的选择权。
life income with full refund option Read More »
funded pension plan
funded pension plan 〈美〉养老基金方案 指由法人团体捐款，设定足够基金，以确保目前和将来的退休福利的需要。这一方案由《僱员退休收入保障法》〔Employee Retirement Income Security Act〕调整。
funded pension plan Read More »
earned income credit
A refundable federal tax credit on the earned income of a low-income worker with dependent children. • The credit is paid to the taxpayer even if it exceeds the total tax liability. [Cases: Internal Revenue 3532. C.J.S. Internal Revenue § 346.]
earned income credit Read More »
blended fund
A fund created by income from more than one source, usu. from the sale of a testator’s real and personal property.
dual fund
A closed-end mutual fund that invests in two classes of stock — stock that pays dividends and stock that increases in investment value without dividends. • A dual fund combines characteristics of an income fund and a growth fund. — Also termed dual-purpose fund; leverage fund; split fund.
employee retirement income security act
Employee Retirement Income Security Act. A federal statute that regulates private pension plans and employee benefit plans and that established the Pension Benefit Guaranty Corporation.29 USCA §§ 1001 et seq. — Abbr. ERISA. [Cases: Pensions 21–23. C.J.S. Insurance § 34; Pensions and Retirement Plans and Benefits §§ 7–10.] “ERISA was adopted in 1974 in response
employee retirement income security act Read More »
terminal funding
terminal funding 期末基金提存 为以前使用的退休计划基金提存方式。当雇员退休时，雇主为他们建立一笔可在有生之年每月领取的资金，或存入信托基金，或购买年金。根据1974年雇员退休收入保障法(Employee Retirement Income Security)，禁止使用期末基金提存方式。
basis
basis. 1. A fundamental principle; an underlying condition. 2. Tax. The value assigned to a taxpayer’s investment in property and used primarily for computing gain or loss from a transfer of the property. • When the assigned value represents the cost of acquiring the property, it is also called cost basis. — Also termed tax
revenue
revenue. Gross income or receipts. general revenue. The income stream from which a state or municipality pays its obligations unless a law calls for payment from a special fund. See general fund under FUND(1). [Cases: Municipal Corporations 886; States 126. C.J.S. Municipal Corporations § 1627; States § 228.] land revenue. Revenue derived from lands owned