What Is a Prospectus? Example, Uses, and Tips on how to Be told It

What Is a Prospectus? Example, Uses, and Tips on how to Be told It

What Is a Prospectus? A prospectus is a formal document required by and filed with the Securities and Exchange Commission (SEC) that provides details about an investment offering to the public. A prospectus is filed for offerings of stocks, bonds, and mutual funds. The prospectus can help investors make more informed investment decisions because it contains

Skilled Tanto Definition

Skilled Tanto Definition

What Is Pro Tanto? Pro tanto is a Latin phrase that means “only to that extent,” and is often used to denote partial fulfillment of an actual or potential obligation—often in the form of a partial payment—toward a claim asserted in a lawsuit. Key Takeaways: Pro tanto refers to a partial payment made “only to

Protected Fund Definition

Protected Fund Definition

What Is a Protected Fund? A protected fund is a type of mutual fund that promises to return at least some portion of the initial investment to an investor. The protected initial investment, plus some capital gain, will be returned as long as the investor holds the original investment until the end of the contractual

Examples and Types of Trade Protections

Examples and Types of Trade Protections

What Is Protectionism? Protectionism refers to government policies that restrict international trade to help domestic industries. Protectionist policies are usually implemented with the goal to improve economic activity within a domestic economy but can also be implemented for safety or quality concerns. Key Takeaways Protectionist policies place specific restrictions on international trade for the benefit

Provisional Income Definition

Provisional Income Definition

What Is Provisional Income? Provisional income is an IRS threshold above which social security income is taxable. The base, from §86 of the Internal Revenue Code (IRC), triggers the taxability of social security benefits, requiring its inclusion in gross income tax payment on excess amounts. Provisional income is calculated using the recipient’s gross income, tax-free