Finance Dictionary

A 10-K is a comprehensive annual report that publicly traded companies are required to file with the Securities and Exchange Commission (SEC) in the United States. It provides a detailed…

A 12b-1 fee is a type of fee that is charged by some mutual funds to cover the costs of marketing and distribution expenses. The fee is named for the…

An 18-Hour City is a term used to describe a smaller urban area that has a vibrant and diverse economy, but is not considered to be a major metropolitan area…

The 130/30 strategy is an investment strategy in which a portfolio manager uses 130% of the assets under management to buy long positions in securities that they believe will increase…

The 183-day rule is a tax rule used to determine whether an individual is considered a resident or non-resident for tax purposes in certain countries. The rule states that if…

The 3-6-3 Rule is a guideline used in the banking and finance industry to describe the traditional banking business model. The rule states that a bank should be able to…

The 25% Rule is a guideline used in real estate investing to determine the maximum amount of money that should be spent on a rental property. The rule states that…

A 457 plan is a type of non-qualified deferred compensation retirement plan that is sponsored by a state or local government, or by some non-governmental employers such as non-profit organizations.…

A 401(k) plan is a type of retirement savings plan that is sponsored by an employer. It is named after the section of the U.S. tax code that governs it.…

A 403(b) plan is a type of defined contribution retirement plan that is similar to a 401(k) plan. It is named after the section of the U.S. tax code that…