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Financial terms starting with "E"

1. Economy

2. equity growth fund

3. Extramural R&D

4. Escrow Accounts

5. exposure at default

6. Economic Sphere

7. Environmental Protection Input Output Table

8. Expert Witness

9. European Economic Area

10. electrical distribution system

11. electronic commerce

12. excess spread

13. enameled brick

14. eluvium

15. express authority

16. economic damages

17. economic model

18. Equity Warrant Bond (Debt-with-equity Warrants)

19. Euro Coins

20. Environment Statistics

21. energy recovery ventilation system

22. exercise date

23. European Monetary System (EMS)

24. Earnings before Interest, Taxes, Depreciation, Amortization and Special Losses (EBITDAL)

25. Esignature

26. Employee Retirement Income Security Act Section 510

27. Exculpate

28. earth movement or earthquake exclusion

29. Exemption

30. excess line broker

31. Entry Of Judgment

32. Expectational Arbitrage

33. evacuate

34. emergency medical technician (EMT) and paramedics professional liability

35. Expenses Of Administration

36. EDICOM

37. error resolution

38. ES

39. Excess And Surplus Lines

40. Expenditure On Educational Institutions

41. Evening up

42. Euro-commercial paper

43. Environmental Protection Agency (EPA)

44. EGP

45. Exceptional Financing

46. Enumerated Domain

47. equity linked Eurobond

48. earnings test

49. engineering insurance

50. elasticity of substitution

51. Environmental Expenditures

52. Entrepreneurial Income

53. Exchange of stock

54. excess distribution

55. Employers - SNA

56. exportation

57. Exchange Rate Mechanism II (ERM II)

58. EDC

59. ease

60. ell

61. exclusive agency system

62. employee hired autos endorsement

63. Economic Collapse

64. Elasticity Of Demand, Price

65. Electronic Transaction

66. Euro CDs

67. estimated taxes and insurance

68. Expenditure On Food, Hygiene & Drinking Water Control

69. Expenditure On Prevention And Public Health, Total

70. Euro.NM

71. economic welfare

72. employment report

73. Ex-pit transaction

74. Exchange Of Futures For Cash

75. epoxy cement

76. Elliot Wave

77. Expenditure On Orthopaedic And Other Prosthetics

78. Extraordinary Fees

79. Eat Well, Sleep Well

80. exit p/e ratio

81. Economies Of Scale

82. Error Term

83. EOE

84. Exogenous Rate Of Return

85. earthquake insurance

86. End Marker

87. Employers Imputed Social Contributions ESA

88. ETF wrap

89. Enhanced Structural Adjustment Facility (ESAF) Heavily Indebted Poor Country (HICP) Trust

90. employer-assisted housing

91. EBIAT

92. Equity Instrument

93. equitable subordination

94. E-gold

95. Earned income credit (EIC)

96. Extraordinary item

97. Explicit tax

98. Esquire

99. engage

100. error rate

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Featured term of the day

Definition / Meaning of

Custodial Account

Categories: Mutual Funds, Banking, Brokerages,

If you want to make investments on a minor's behalf, or transfer property you own to that person, you can open a custodial account with a bank, brokerage firm, mutual fund company, or insurance company.You name an adult custodian for the account - either yourself or someone else - who is responsible for managing the account until the child reaches the age of majority. That age may be 18, 21, or 25 depending on the state and the type of account you choose. At majority, the child has the legal right to control the account and use the assets as he or she chooses.There may be some tax advantages in transferring assets to a minor. If the child is under 18, investment earnings above a specific level that Congress sets each year are taxed at the parents' marginal tax rate. But if the child is 18 or older, all investment earnings are taxed at the child's rate - again, typically the lowest rate. In addition, gifts you make to the account are no longer part of your estate, which may reduce vulnerability to estate taxes. However, it's wise to review your plans with your legal and tax advisers.One drawback of a custodial account is that the assets are considered the property of the child, and may reduce the amount of financial aid the child qualifies for when he or she enrolls in a college or university.

Most popular terms

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5. Prohibited Transactions
6. Terms Of Reference
7. Preapproval
8. Absolute Exclusions
9. Family Exclusion
10. Securitization

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