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Tip of the Day Be Aware of Other Deductions

Be Aware of Other Deductions - As part of filing your income tax you need to educate yourself as far as what deductions are allowable. Each year the government...

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Delivery Option


Delivery Option - A feature added to future contracts predetermining the short position of timing, quantity, location and quality of any commodity reflected in the delivery notice. A delivery option provided a huge amount of flexibility for the individual making the delivery of underlying commodities, but it poses a risky venture for the expecting investors. The option of the seller in an interest rate futures contract to take when negotiating the settlement of an obligation. It is a wild card option for the sake of the contract. In such contracts, the buyer is facing a level of uncertainty in terms of delivery date.

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Definition of the Day Scholarship

Definition: A monetary award, usually based on either academic merit or financial need (or both), that can be applied to...

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