Financial Terms Dictionary U UGMA Uniform Gifts to Minors Act. UGMA is a custodial account for minors. It allows adult parents to set up an account for minor children to hold assets in the children’s names. UGMA accounts can hold cash, stocks, and mutual funds. These funds are controlled by the trustee(s) on behalf of […]
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Here is a glossary of financial terms V. These financial terms begin with the letter V, including Vanguard, vertical analysis, and VLOOKUP.
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Financial Terms Dictionary W W-2 Form A W-2 Form is an Internal Revenue Service (IRS) form for reporting salaries, wages, or tips. A 1099 form is for reporting income other than salaries, wages, and tips. Windows key The Windows Logo Key is a special keyboard key on Windows keyboards. It is on the left of
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Financial Terms Dictionary – X Y Z – XLOOKUP XLOOKUP is an Excel function that searches a range or an array for a match and returns the corresponding item from a second range or array. It is more versatile than VLOOKUP because it can get data from either columns or rows. XLOOKUP is a new function that
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In accounting, an asset is a resource owned by a company or entity. Assets provide probable future economic benefits. These benefits include increasing sales or cash flow or reducing expenses. What is an Asset? Assets appear on a company’s balance sheet. As assets increase, the value of the company increases. Assets are one of the
These top 10 investment rules are the path to build wealth. They are a simple but powerful way to save and invest. Here’s what really works in investing. Investing seems so hard and complicated. The media tell us constantly that it is too hard for the average investor. Investment professionals always make it more complicated and
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