Examlex
A child who has unearned income of $2,100 or less cannot be subject to the kiddie tax.
Invested
Funds that have been allocated to stocks, bonds, real estate, or other investment vehicles with the expectation of earning a profit.
Compounded Semiannually
Interest on an investment or loan calculated and added to the principal balance twice a year.
Future Value
The value of an asset at a specific date in the future, projecting its growth due to interest or earnings.
Deposit
A sum of money placed into a bank account or given as part of a contractual agreement as a security for future performance.
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