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What Are the Standards That Specify the Format of Data

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What are the standards that specify the format of data as well as the rules to be followed during transmission?


Definitions:

Certificate of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate, issued by banks to individuals investing money for a fixed period of time.

Tax Bracket

Categories that tax rates apply to, which are based on levels of income; each bracket has a different tax rate associated with it.

Equivalent Taxable Yield

The yield on a tax-exempt security that would be required to produce the same after-tax yield as a taxable security, given an investor's tax rate.

State Bond

Debt securities issued by a state government to finance its expenditures, offering a way for investors to lend money to the government in exchange for interest payments.

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