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Glossary of Terms

In general, health insurance is the name given to any insurance plan that provides coverage for medical expenses or health care services. Individuals can buy health insurance for themselves,...
Tax is money that is taken from individuals (and from companies) in many different ways in order to pay for all the services provided by the government - federal government,...
Day trading is when investors buy and sell a certain stock or various stocks during the course of one day. Because most stock prices...
The marriage penalty is not an official tax term but a shorthand way of describing how a single man and a single woman might pay more tax if they get married to each other than if they remain single.
If you are in the difficult position of having defaulted on your mortgage payments and it appears that a formal foreclosure process will be started by...
A fixed income investment is one that pays a "fixed" amount of income to the investor. This typically means a bond...