Financial Dictionary

This dictionary contains:
24549
financial terms

Thrift plan




Thrift plan

A defined contribution plan in which an employee contributes, usually on a before-tax basis, toward the ultimate benefits that will be provided.

RELATED TERMS
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Contribution
Money placed in an individual retirement account (IRA), an employer-sponsored retirement plan, or other retirement plan for a particular tax year.

Basis
The price an investor pays for a security plus any out-of-pocket expenses. It is used to determine capital gains or losses for tax purposes when the stock is sold.

Will
The written expression of a person's wishes as to how his property should be distributed by his executors.



SIMILAR TERMS
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Thrift institution
An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.

Thrift Institution Advisory Council (TIAC)
A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts.



PREVIOUS AND NEXT TERMS
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Three steps and a stumble rule
A rule predicting that stock and bond prices will fall following three increases in the discount rate by the Federal Reserve.

Three-phase DDM
A version of the dividend discount model that applies a different expected dividend rate depending on a company's life-cycle phase: growth phase, transition phase, or maturity phase.

Threshold for refinancing
The point when the weighted-average coupon of an MBS is at a level to induce homeowners to prepay the mortgage in order to refinance to a lower-rate mortgage.

Thrift institution
An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.

Thrift Institution Advisory Council (TIAC)
A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts.

Thrift plan

Throughput agreement
An agreement to put a specified amount of product per period through a particular facility.

Tick
Refers to the minimum change in price a security can have, either up or down.

Tick index
The number of stocks trading on an uptick minus the number of stocks trading on a downtick.

Tick indicator
A market indicator based on the number of stocks whose last trade was an uptick or a downtick.

Tick test rules
SEC-imposed restrictions on when a short sale may be executed, intended to prevent investors from destabilizing the price of a stock when the market price is falling.

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This dictionary contains 24549 terms.







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