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Qualified plan
Qualified plan Any employee benefit plan that is qualified by the IRS as a tax-exempt plan. Among other requirements, the plan's assets must be placed in trust for the sole benefit of the employees covered by the plan.
RELATED TERMS--------------------------------------
Employee
Someone who works as a direct employee of an employer and has employee status.
Assets
Real and personal property in which a person has an unencumbered ownership or equity and which has value.
Trust
An arrangement whereby legal title to property is transferred by the grantor (or trustor) to a person called a trustee, to be held and managed by that person for the benefit of another, called a beneficiary.
SIMILAR TERMS--------------------------------------
Qualified buyer
A buyer who has demonstrated the financial ability to afford the asking price of a home.
Qualified intermediary
Corporation or entity who facilitates a 1031 tax deferred exchange (also known as an "accommodator").
Qualifying ratios
The ratio of your fixed monthly expenses to your gross monthly income, used to determine how much you can afford to borrow.
PREVIOUS AND NEXT TERMS--------------------------------------
Quito property
Property in Quito, Ecuador. Apartments, flats, houses, offices and other property in Quito.
Qujing property
Property in Qujing, China. Apartments, flats, houses, offices and other property in Qujing.
Quzhou property
Property in Quzhou, China. Apartments, flats, houses, offices and other property in Quzhou.
Qualified buyer
A buyer who has demonstrated the financial ability to afford the asking price of a home.
Qualified intermediary
Corporation or entity who facilitates a 1031 tax deferred exchange (also known as an "accommodator").
Qualified plan
Qualifying ratios
The ratio of your fixed monthly expenses to your gross monthly income, used to determine how much you can afford to borrow.
Quantity survey method
The appraisal method of estimating building costs by calculating the cost of all of the physical components in the improvements, adding the cost to assemble them and then including the indirect costs associated with such construction.
Quartershare
3-month interval ownership with rotating schedule.
Quasi contract
A contract implied by law, as a matter of equity, when no actual contract exists.
Queen Anne style
A Victorian-era style that originated in San Francisco.
This dictionary contains 6433 terms. |
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