Finance

Accumulation Period: In a variable annuity, the time when the client is contributing money into the annuity and purchasing accumulation units. Accumulation Units: An accounting measure that represents a contract owner’s proportionate unit of interest in a separate account during the accumulation period of a variable annuity. Unit Investment Trust: Read more…

Accumulation Account: An account used by the sponsor of a Unit Investment Trust to acquire securities for the eventual placement within the trust. Unit Investment Trust: A type of investment company in which a portfolio is purchased and held with little or no change to the investments. Commonly used with Read more…

Accrued Interest: The interest due on a bond since the last interest payment was made. The buyer of the bond pays the market price plus the accrued interest. Bond: An IOU or promissory note of a corporation, municipality, or the US government, usually issued in multiples of $1,000 or $5,000, Read more…

Accretion: A method of adjusting a taxpayer’s cost basis of a bond bought at an original discount. The annual accretion is treated as interest for tax purposes. See also: Original Issue Discount: Constant Yield Method; Single Line. Cost basis: The cost used to determine a capital gain or loss on Read more…

Capricorn Science has been sluggish in bringing you financial information. There is so much happening that it sometime’s overwhelms. Do note that our Financial Section has a real time ticker tape where you can check the market. In order to right this wrong we will start out by offering, hopefully Read more…

We hear our Washington and State politicians speak of ” entitlements and Payroll Taxes” as if they were handouts in the same category of charity. They speak and act as if this money in question is theirs and distribution of such funds is a painful endeavor, since there is less Read more…

The Budget Components and Impact on the US Economy: Under President Trump’s proposal, the federal budget would be a record $4.829 Trillion. The US government estimates it will receive $3.863 million in revenues. That creates a $966 Billion deficit for October 1, 2020 through September 30, 2021. (www,thebalance.com) Government spending Read more…

The Velocity of Money is a measure of the number of times that the average unit of currency is used to purchase goods. The concept relates the size of economic activity to a given money supply and the speed of money exchange is one of the variables that determine inflation. Read more…

Sample of 150 bloggers. Published “Everything You Ever Wanted to Know About Making Money Blogging” ” The median blog is 36 months old and gets 13,200 visitors per month. The blogger spends 14 hours a week, posting twice to the site. They make $1,476 a month, mostly from sponsored posts, Read more…