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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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Income Deposit Security (IDS)


Income Deposit Security (IDS) - Income Deposit Security (IDS) is a security that combines common stock certificates and the notes of the common stock certificate issuer to provide regular income payments to the holder of the security. The holder of the stock certificates income deposit security receives dividends from the common stock certificates, and fixed income from the debt instrument in the IDS. These stock certificate securities trade on the stock exchange and can e purchased by any type of investor. The companies and corporations use this form of security for the stability and the maturity of the business, similar to the Canadian income trust.

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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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