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trust account

a bank) under which an inter vivos or testamentary trust is set up (as for the escrow of funds)

treasurer

treasurer : an officer entrusted with the receipt, care, and disbursement of funds: as a : a governmental officer charged with keeping, receiving, and disbursing public revenues b : the executive

transaction

transaction 1 : something transacted ;esp : an exchange or transfer of goods, services, or funds 2 a : an act, process, or instance of transacting b : an action or activity involving two

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stock bonus plan

stock bonus plan : a form of deferred compensation that is funded by employer contributions of corporate securities with dividends usually reinvested

simplified employee pension

simplified employee pension : a pension that is funded by employer contributions or through a salary reduction arrangement and that places fewer administrative burdens on the employer

settlement

obtain reasonable s "J. H. Friedenthal et al."] 3 : closing [ costs] 4 : the transfer of funds between a payor bank and a collecting bank in order to complete transactions for customers

settle

agreement [the plaintiff chose to out of court] 2 : to make a settlement of a transfer of funds 3 : to adjust differences or accounts [settled with his creditors]

sequestration

to restore it to the party to whom it is determined to belong 3 : the cancellation of funds for expenditure or obligation in order to enforce federal budget limitations set by law

security

with the expectation of deriving a profit solely from the efforts of others who acquire control over the funds invested [a involves some form of investment contract] see also due diligence asset-backed security : a security (as

reverse mortgage (hecm)

the home. A lending institution such as a mortgage lender, bank, credit union or savings and loan association funds the FHA insured loan, commonly known as HECM. Source: U.S. Department of Housing and Urban Development

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