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All terms starting with "T"
The forms used to file income taxes with the Inter … moreThe forms used to file income taxes with the Internal Revenue Service.
Life insurance that is paid out to a beneficiary o … moreLife insurance that is paid out to a beneficiary only if the insured party dies during a specified period, which typically lasts one to 30 years and can be renewed at set intervals.
A number of fundamental differences exist between term and permanent life insurance policies, but perhaps the biggest is the fact that term life insurance is life insurance only, while permanent life insurance includes an investing component, which accountholders can borrow against and/or use to save for retirement. Term policies tend to be cheaper than permanent policies because they lack this component. They also tend to have cheaper premiums when policyholders are young, reflecting the lower odds of death, though premiums are adjusted with each policy renewal and can become prohibitively expensive for older parties. On the contrary, permanent life insurance policies tend to be relatively more expensive early on and more affordable later in life given that the premium remains permanently fixed.
A number of fundamental differences exist between term and permanent life insurance policies, but perhaps the biggest is the fact that term life insurance is life insurance only, while permanent life insurance includes an investing component, which accountholders can borrow against and/or use to save for retirement. Term policies tend to be cheaper than permanent policies because they lack this component. They also tend to have cheaper premiums when policyholders are young, reflecting the lower odds of death, though premiums are adjusted with each policy renewal and can become prohibitively expensive for older parties. On the contrary, permanent life insurance policies tend to be relatively more expensive early on and more affordable later in life given that the premium remains permanently fixed.
Also called Card Holder Agreement. The rules assoc … moreAlso called Card Holder Agreement. The rules associated with your credit card account. Different cards have different agreements.
Car insurance you carry to cover the losses suffer … moreCar insurance you carry to cover the losses suffered by other people. Liability auto insurance is third party coverage.
Title is another word for deed and is a legal docu … moreTitle is another word for deed and is a legal document that denotes ownership in a piece of property, typically a vehicle or house. When you finance such a purchase, your lender will hold the title until you have paid off your loan, at which point the title will be transferred to you through a process known as conveyance.
Oftentimes, prior to making a significant purchase, a title check will need to be done to ensure that the title is "clear," meaning there are no ownership disputes or encumbrances, such as an existing mortgage or governmental levy, attached to it.
Aside from ownership, a title may convey a number of other rights, including the right to put the property up as collateral for a loan, the right to enclose a property (e.g. put a fence around it), the right to allow others to use your property, etc.
Oftentimes, prior to making a significant purchase, a title check will need to be done to ensure that the title is "clear," meaning there are no ownership disputes or encumbrances, such as an existing mortgage or governmental levy, attached to it.
Aside from ownership, a title may convey a number of other rights, including the right to put the property up as collateral for a loan, the right to enclose a property (e.g. put a fence around it), the right to allow others to use your property, etc.
Total Debt is the sum of all your existing debt su … moreTotal Debt is the sum of all your existing debt such as credit card balances, car loans, mortgages, etc. as per your Transunion Credit Report.
A vehicle with has sufficient damage for the insur … moreA vehicle with has sufficient damage for the insurer to consider it as a "total loss."
This means that rather than paying to repair the damage to the vehicle, you will get a cash payment from the insurer for the car's actual cash value minus any deductibles.
Learn more about totaled cars.
This means that rather than paying to repair the damage to the vehicle, you will get a cash payment from the insurer for the car's actual cash value minus any deductibles.
Learn more about totaled cars.
Any time you use a card to buy something or withdr … moreAny time you use a card to buy something or withdraw money. Purchases and cash advances are examples of card transactions.
The date a transaction, such as a purchase or a ca … moreThe date a transaction, such as a purchase or a cash advance, is made on your credit card.
Amount charged to card holders for making certain … moreAmount charged to card holders for making certain types of transactions (for examples, cash advances).
Since Business accounts have far more transactions … moreSince Business accounts have far more transactions on a monthly basis than a personal account, financial institutions sometimes limit these for the products they are offering. Transactions usually include checks paid, teller deposits, ATM deposits, deposited items and ACH items, but the definition varies from bank to bank.
When you open a new credit card account, the compa … moreWhen you open a new credit card account, the company may send you a blank convenience check or transfer check so you can transfer a balance from an old card to your new card.
Along with Experian and Equifax, TransUnion is one … moreAlong with Experian and Equifax, TransUnion is one of the three major credit bureaus/credit reporting agencies in the United States. It is the smallest of the big three, was founded in 1968, and is headquartered in Chicago, Illinois.
A bankruptcy trustee administers a debtor's bankru … moreA bankruptcy trustee administers a debtor's bankruptcy estate. He or she is appointed by the bankruptcy court, and either liquidates a Chapter 7 debtor's property, or reviews a Chapter 13 debtor's plan and collects and distributes payments made by the Chapter 13 debtor.
Amended by and including the Fair Credit Billing A … moreAmended by and including the Fair Credit Billing Act, the Truth in Lending Act works to protect consumers against false and unfair billing practices, while offering credit term information that helps consumers make smarter credit choices.
TRW:
Former name of the credit bureau now known as Expe … moreFormer name of the credit bureau now known as Experian.