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Financial Glossary


A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z

Ordinary Income - Current income from various sources that is subject to standard marginal tax rates. Ordinary income includes salary/wages, net income from a business, dividends, and interest and capital gains that are reported on 1099 statements.

Updated:E.J.B.


Latest News
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  Sep 23, 2008 - Treasury Announces Guaranty Program for Money...
The U.S. Treasury Department today announced the establishment of a temporary guaranty program for the U.S. money market mutual fund industry...
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  Sep 15, 2008 - United Rentals, Inc. to Pay $14 Million to Se...
The Securities and Exchange Commission today charged one of the world's largest equipment rental companies, United Rentals, Inc. (URI), with engaging in fraudulent ...
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