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Credit Card
What Is a Total Return Index?
A total return index is an index created to track both capital appreciation and dividend returns. The index reinvests all…
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Credit Card
What Is an Electronic Funds Transfer?
Key Takeaways An electronic funds transfer is the digital way of moving money from one bank to another. Anyone with…
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Credit Card
What Is an Expatriate for Tax Purposes?
Key Takeaways An expatriate is a US citizen who has renounced their citizenship and is subject to certain tax provisions…
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Credit Card
What Is Notes Payable?
Notes payable is a written agreement in which a borrower promises to pay back an amount of money, usually with…
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Credit Card
What Is a Visa Credit Card?
A Visa credit card is a credit card that uses the Visa network to authorize and process payments between consumers,…
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Credit Card
Line of Credit vs. Credit Card: What’s the Difference?
Line of Credit Credit Card Eligibility Existing banking relationship, qualified credit history Qualified credit history APR Relatively low, can be…
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Credit Card
What Is a Tax Shield?
Key Takeaways A tax shield refers to deductions taxpayers can take to lower their taxable income. Examples of tax shields…
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Credit Card
Lower Earners Now Recovered From Pandemic, Tool Shows
That’s how many months it took the country’s bottom half of earners to recover from the COVID-19 economic crisis—a remarkably…
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Credit Card
What Is a Pass-Through Entity?
Key Takeaways Pass-through entities, also called flow-through entities, are business structures used by the vast majority (95%) of US companies…
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Credit Card
What Is a Merchant Agreement?
A merchant agreement is a contract between a business that sells goods and services, or a merchant, and the company…
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