Examlex
The presence of iron in a mineral generally increases its resistance to chemical breakdown.
Life Insurance
A contract that pays a designated beneficiary a sum of money upon the death of the insured individual or after a set period.
Taxable
Refers to income or transactions that can be taxed by the government.
Savings Bond Interest
The interest earned from holding U.S. savings bonds, which may be tax-exempt for educational purposes under certain conditions.
Modified AGI
Modified Adjusted Gross Income (Modified AGI) is a measure used by the IRS to determine eligibility for certain deductions and credits, adjusted from AGI for specific items like IRA contributions and student loan interest.
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