Mounded planting beds A garden planting bed is home to your vegetables, herbs, and flowers. You want a planting bed in which plants will thrive and you want a planting bed that is easy to make and easy to maintain. Making a new garden planting bed should be a one-time investment in sweat equity. Once
A traditional herb knot garden Herbs are both beautiful and useful. They require a small amount of effort for a great reward. An herb garden is easy to start; you can grow herbs in their own stand-alone bed, include them in existing flower and vegetable beds or grow them in decorative pots. Herbs are highly
What Is Community Investing? In finance, the term “community investing” refers to institutions and investment products that are intended to support economically disadvantaged communities. In the United States, for example, there are several types of Community Development Financial Institutions (CDFIs), such as community development banks (CDBs) and community development credit unions (CDCUs). These institutions provide
What Is the Community Reinvestment Act (CRA)? The Community Reinvestment Act (CRA) is a federal law enacted in 1977 to encourage depository institutions to meet the credit needs of the communities where they are chartered, including low- and moderate-income neighborhoods. The CRA requires federal banking agencies to assess how well each institution fulfills its obligations
What Is Community Property? Community property refers to a U.S. state-level legal distinction that designates a married individual’s assets. Any income and any real or personal property acquired by either spouse during a marriage are considered community property and thus belong to both partners of the marriage. Under community property, spouses own (and owe) everything
What Is Commutation? Commutation refers to the right that a beneficiary has to exchange one type of income for another. Commutation is offered to annuitants and to the beneficiaries of life insurance policies so that they might receive a lump-sum payment instead of a series of future payments. When this happens, the net present value (NPV) of
What Are Commuting Expenses? Commuting expenses are costs that are incurred as a result of the taxpayer’s regular means of getting back and forth to his or her place of employment. Commuting expenses can include car expenses, biking expenses, and public transportation costs. These costs are not tax-deductible in the U.S. Key Takeaways Commuting expense
What Is a Co-Mortgagor? When taking out a mortgage to purchase a home, it’s possible to have more than one borrower listed on the loan. A co-mortgagor shares in the repayment obligation and ownership of a property. They are also a co-owner of the property following the closing of the loan. Adding a co-mortgagor or
What Is a Companion Tranche? A companion tranche is a class, or type, of tranche, which is a portion of a debt or security. It is primarily associated as a tranche of a collateralized mortgage obligation (CMO), which also includes planned amortization class (PAC) tranches and targeted amortization class (TAC) tranches. Every CMO that has a
What Is a Company? A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise. A company may be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction. The line of business the company is in
