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Economic Integration: Definition, Benefits, and Real-World Examples

Economic Integration: Definition, Benefits, and Real-World Examples

Posted by By Itho February 26, 2010
[ad_1]   What Is Economic Integration? Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies.…
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Understanding Cash Value in Life Insurance: Definition and Example

Understanding Cash Value in Life Insurance: Definition and Example

Posted by By Itho January 23, 2010
[ad_1] What Is Cash Value Life Insurance? Cash value life insurance is a type of permanent life insurance that includes a savings component. The policyholder can use the cash value…
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Definition, Purpose, and Impact on the Economy

Bank Reserves: Definition, Purpose, and Impact on the Economy

Posted by By Itho December 10, 2009
[ad_1]   What Are Bank Reserves? Bank reserves, crucial to financial stability, are the minimum cash reserves institutions must maintain to meet central bank mandates. Held either in vaults or…
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Canceled Check Definition and How To Get a Copy

Canceled Check Definition and How To Get a Copy

Posted by By Itho October 31, 2008
[ad_1] What Is a Canceled Check? A canceled check is a check that has been paid or cleared by the bank it was drawn on after it has been deposited…
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401(a) Plan: What It Is, Contribution Limits, Withdrawal Rules

401(a) Plan: What It Is, Contribution Limits, Withdrawal Rules

Posted by By Itho March 20, 2008
[ad_1] What Is a 401(a) Plan? A 401(a) plan is an employer-sponsored money-purchase retirement plan that allows dollar or percentage-based contributions from the employer, the employee, or both. The sponsoring employer…
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Account Balance Defined and Compared to Available Credit

After-Tax Contribution: Definition, Rules, and Limits

Posted by By Itho June 12, 2007
[ad_1] What Is an After-Tax Contribution? An after-tax contribution is money paid into a retirement or investment account after income taxes on those earnings have already been deducted. When opening…
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