Examlex
The maximum amount of the § 121 gain exclusion on sale of a principal residence is $250,000 for a single individual and $500,000 for a married couple.
Checking Accounts
Bank accounts that allow for easy access to funds through checks, debit cards, and electronic transfers, used for daily transactions.
Open Market Operations
Central bank activities involving buying and selling government securities in the marketplace to influence the money supply and interest rates.
Money Supply
The all-inclusive measure of monetary resources present in an economy at a specific juncture.
Interest Rates
The cost of borrowing money or the return for investing, typically expressed as a percentage of the principal, varying over time based on economic conditions.
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