Examlex
Colleen, you know something about American history. Tell me, did the Civil War start in 1860 or 1861?
Merrill Lynch
Merrill Lynch, now under Bank of America, is a prominent global wealth management, capital markets, and advisory company.
Realized Capital Gains
Realized capital gains refer to the profits earned from the sale of an asset, like stocks or real estate, which exceed the purchase price, and are only "realized" upon the sale of the asset.
Wealth Effect
The change in spending that accompanies a change in perceived wealth, usually the result of changes in the value of assets like property or stocks.
Residential House
A residential house is a type of building designed and used as a dwelling place for families and individuals, providing living spaces and facilities for daily activities.
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