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Financial terms in "Forex"

1. forex scalping

2. Crawling Peg

3. liquidation level

4. Stocky

5. Paraguay Guarani

6. Iraqi Dinar

7. biased expectations theory

8. Algerian Dinar

9. Bar Charts

10. China Renminbi

11. Venezuelan Bolivar

12. FRN

13. Round Trip

14. Unrealized P/L

15. Narrow Money

16. Exotics

17. SAFE Investment Company

18. Paris

19. Austrian Schilling

20. St. Pierre Franc

21. covered interest rate parity

22. Short Call

23. official intervention

24. GNF

25. Band

26. grid

27. Convertible Currency

28. Norwegian Krone

29. base currency

30. Scalping (Forex trading)

31. Hungarian Forint

32. COP

33. Eurocommercial paper

34. Blocked funds

35. dual currency bond

36. Eurocurrency

37. Miquelon Franc

38. yen carry trade

39. Technical Side

40. Excess Margin Deposits

41. Stop-buy

42. European terms

43. Rate of exchange

44. paper currency

45. Chicago Mercantile Exchange

46. Back-To-Back Loan

47. GYD

48. currency carry trade

49. funding currencies

50. multiple exchange rates

51. End of Day Mark to Market

52. standard lot

53. indirect quote

54. extended broad money

55. ATS

56. Taiwan Dollar

57. noon rate

58. U.S. Dollar Index (USDX)

59. diversified holding company

60. Sudanese Dinar

61. Leading Indicators

62. T-Notes

63. Gabon Franc

64. Irish Punt

65. Tonga Pa'Anga

66. money substitute

67. Indian Rupee

68. coin

69. currency certificate

70. Agio

71. cross currency

72. Vostro Account

73. Carry Currencies

74. Interdealer Market

75. Gibraltar Pound

76. North Africa Peseta

77. grid trading

78. Easing

79. BYR

80. AOA

81. Gross Profit/Loss

82. Xenocurrency

83. Bermudian Dollar

84. Aussie

85. Same Day Transaction

86. CORRA

87. Closed Position

88. Lesotho Loti

89. Dronning Maudland Krone

90. Running a Position

91. buy signal

92. Netherlands Antillean Guilder

93. French Pacific Island Franc

94. Gold Reserve

95. free currency

96. Cameroon Franc

97. Cocos (Keeling) Island

98. foreign exchange reserve

99. Joint float

100. European Monetary System

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Featured term of the day

Definition / Meaning of

529 College Savings Plan

Categories: Finance,

Each 529 college savings plan is sponsored by a particular state or group of states, and while each plan is a little different, they share many basic elements. When you invest in a 529 savings plan, any earnings in your account accumulate tax free, and you can make federally tax-free withdrawals to pay for qualified educational expenses, such as college tuition, room and board, and books at any accredited college, university, vocational, or technical program in the United States and a number of institutions overseas. Some states also exempt earnings from state income tax, and may offer additional advantages to state residents, such as tax deductions for contributions.You must name a beneficiary when you open a 529 savings plan account, but you may change beneficiaries if you wish, as long as the new beneficiary is a member of the same extended family as the original beneficiary.In most cases, you may choose any state's plan, even if neither you nor your beneficiary live in that state. There are no income limits restricting who can contribute to a plan, and the lifetime contributions are more than $300,000 in some states.You can make a one-time contribution of $60,000 without incurring potential gift tax, provided you don't make another contribution for five years. Or, you may prefer to add smaller amounts, up to the annual gift exclusion.

Most popular terms

1. MCS-90 Endorsement
2. Family Exclusion
3. Specialist
4. Employee Retirement Income Security Act Section 404(c)
5. IRA Rollover
6. Portable Benefits
7. Office Of Compliance Inspections And Examinations (OCIE)
8. Sovereign Wealth Funds
9. Price-to-earnings Ratio (P/E)
10. Absolute Exclusions

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