income beneficiary
91Russia — /rush euh/, n. 1. Also called Russian Empire. Russian, Rossiya. a former empire in E Europe and N and W Asia: overthrown by the Russian Revolution 1917. Cap.: St. Petersburg (1703 1917). 2. See Union of Soviet Socialist Republics. 3. See Russian… …
92Corporate-owned life insurance — (COLI), also known as dead peasant life insurance[1] or janitors insurance[2], is life insurance on employees lives that is owned by the employer, with benefits payable to the employer. When the employer is a bank, it is known as a bank owned… …
93501(c) — is a provision of the United States Internal Revenue Code (usc|26|501(c)), listing 28 types of non profit organizations exempt from some federal income taxes. Sections 503 through 505 list the requirements for attaining such exemptions. Many… …
94European Union withholding tax — The so called European Union withholding tax is a withholding tax which is deducted from interest earned by European Union residents on their investments made in another member state, by the state in which the investment is held. (The European… …
95Debt — For other uses, see Debt (disambiguation). Personal finance Credit and debt Pawnbroker Student loan Employment contract …
96African Development Bank — AfDB logo Formation August 4, 1963 Type International organization Legal status Treaty Purpose/focus …
97Life insurance trust — A life insurance trust is a trust that is set up for the purpose of owning a life insurance policy. The idea is that if it is an ILIT, an irrevocable life insurance trust, that the trust itself is the policy holder and owner, the payer is the… …
98Canada Learning Bond — The Canada Learning Bond (CLB) is a grant paid by the government of Canada to assist low income families with saving money for their children s post secondary education. The CLB relies primarily on the National Child Benefit (NCB) program to… …
99common law — 1. the system of law originating in England, as distinct from the civil or Roman law and the canon or ecclesiastical law. 2. the unwritten law, esp. of England, based on custom or court decision, as distinct from statute law. 3. the law… …
100Spendthrift trust — A spendthrift trust is a trust that is created for the benefit of a person (often because he or she is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the… …
