Bankrate's financial glossary
Did you run across an unfamiliar term when applying for a mortgage, credit card
or auto loan? Find the meaning here, along with definitions of other financial words
and phrases, in Bankrate.com's financial glossary.
A tax-deferred retirement plan for self-employed individuals who can deposit up to 20 percent of earnings and deduct the contributions from current income. Funds are taxed at withdrawal, which is restricted until age 59¼.
Kelley Blue Book
The best-known of the car pricing guides. The company was founded by Les Kelley, a California used-car dealer. The first edition, in 1926, included values for such cars as a 1926 Packard sedan limousine with balloon tires ($3,825), and a 1921 Nash touring car with clock ($50). Today's editions have listings for more than 10,000 cars, vans and trucks.
A password needed to decipher encrypted data.
A popular name for the tax for children under age 18 who have investment income of more than $1,700. If you have children with substantial investment income, such as interest, dividends, rents and royalties, your children will pay tax on their investment income at a rate based on your marginal tax rate.