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Financial terms in "Personnel Management"

1. Merit Rating

2. Employer

3. Positive Discrimination

4. discrimination

5. Arbitration

6. Retire

7. Induction

8. vesting

9. Redundancy

10. service contract

11. ergonomics

12. Working Time Directive

13. Leadership

14. Core competence

15. management training

16. CV

17. Employee

18. full employment

19. redundancy payment

20. management

21. Human capital

22. retention

23. Manager

24. salary review

25. CARDs

26. supplementary benefit

27. cost-of-living index

28. stock incentive plan

29. Flexible spending account

30. perk

31. Notice Period

32. management trainee

33. Salary reduction plan

34. Portfolio Career

35. Federal Insurance Contributions Act

36. restraint of trade

37. remuneration

38. competence

39. fringe benefits

40. moonlighting

41. Turnover

42. cost-of-living increase

43. Parkinson's Law

44. Employment Equity

45. Perquisites

46. flexible benefit plan

47. dismissal

48. labor

49. benefit in kind

50. compensation package

51. Severance

52. Per Diem

53. Pink Slip

54. facilitation

55. Expenses

56. bought ledger clerk

57. Green Card

58. Conciliation

59. risk manager

60. employment contract

61. orientation

62. Psychological Contract

63. administrator

64. Leader

65. Plan participant

66. Middle Management

67. layoff

68. Contract Of Employment

69. secondment

70. Self-Employed

71. income distribution

72. Employment Law

73. Cooling-Off Period

74. seasonal unemployment

75. Retirement

76. FICA

77. Cafeteria Plan

78. incremental scale

79. benefit

80. Industrial Tribunal

Featured term of the day

Definition / Meaning of

CollegeSure CD

Categories: Finance,

CollegeSure CDs are certificates of deposit designed to let you prepay future college costs at today's rates, plus a premium based on the child's age and the amount you invest.The CDs, which are issued by the College savings bank of Princeton (NJ), pay annual interest rates linked to increases in an index of average college costs and are available with terms from one to twenty-two years.While these CDs are insured by the federal deposit insurance corporation (FDIC), the interest they pay is taxable, unless you own them within a coverdell education savings account (ESA), participating state 529 plan, or roth ira. With the roth ira option, the account must be open for at least five years and you must be at least 59 1/2 to qualify for tax-free withdrawals. CollegeSure CDs are sold in whole or partial units. At maturity, each whole unit is guaranteed to pay the average cost of one year of tuition, fees, and room and board at a four-year private college. If you decide to purchase only a partial unit, it will be worth only that portion of the average yearly college cost at maturity. If the intended beneficiary decides not to go to college, you can get the entire principal and interest calculated at the guaranteed rate back when the CD matures and use it for any purpose.However, if you choose to cash in the CD before its maturity date, you'll owe a penalty of 10% of the principal during the first three years of its term. The penalty drops to 5% for the remaining years of the CD's term, except for the last year, which carries a 1% penalty.

Most popular terms

1. Retaliation Claims
2. Lump-sum Distribution
3. Disclosure
4. Storm Surge
5. Family Of Funds
6. Homeowners Policy Special Form 3 (HO 3)
7. Price-to-earnings Ratio (P/E)
8. Cash Forward Contract
9. Fiduciary
10. Employee Retirement Income Security Act Section 510

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