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Glossary

What Is Earned Income
Taxes

What Is Earned Income? – Simple and Easy Explanation

November 29, 2025December 2, 2025 - by finpediahub.com

Earned income includes wages, salaries, tips, and self-employment earnings that count toward your taxable income. Understanding What Earned Income Really Means When you file your taxes, one of the most …

What Is Earned Income? – Simple and Easy Explanation Read More
Certified Check
Banking & Credit / Glossary

What Is a Certified Check? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A certified check is a type of check that comes with a bank’s guarantee that the funds are available and will be paid. Understanding Certified Checks If you’ve ever needed …

What Is a Certified Check? – Simple and Easy Explanation Read More
What Is a Direct Tax
Taxes

What Is a Direct Tax? – Simple and Easy Explanation

November 29, 2025December 2, 2025 - by finpediahub.com

A direct tax is a tax paid straight to the government by the person or entity responsible for it and cannot be shifted to someone else. Understanding What a Direct …

What Is a Direct Tax? – Simple and Easy Explanation Read More
What Is Direct Deposit
Taxes

What Is Direct Deposit? – Simple and Easy Explanation

November 29, 2025December 2, 2025 - by finpediahub.com

Direct Deposit is a fast, safe, and convenient way to have your tax refund sent straight to your bank account instead of receiving a paper check. Understanding How Direct Deposit …

What Is Direct Deposit? – Simple and Easy Explanation Read More
Certificate of Deposit
Banking & Credit / Glossary

What Is a Certificate of Deposit? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A certificate of deposit (CD) is a type of savings account that lets you earn interest on your money over a fixed period of time. Unlike a regular savings account, …

What Is a Certificate of Deposit? – Simple and Easy Explanation Read More
What Is a Dependent
Taxes

What Is a Dependent? – Simple and Easy Explanation

November 29, 2025December 2, 2025 - by finpediahub.com

A dependent is a qualifying child or qualifying relative who allows a taxpayer to claim certain tax benefits, including the dependency exemption. Understanding What a Dependent Really Is When you …

What Is a Dependent? – Simple and Easy Explanation Read More
Cashier's check
Banking & Credit / Glossary

What Is a Cashier’s Check? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

Learn what a cashier’s check is, why it’s safer than a personal check, and when you’ll need one for large, secure payments. What is a Cashier’s Check, Really? Ever had …

What Is a Cashier’s Check? – Simple and Easy Explanation Read More
What Is a Dependency Exemption
Taxes

What Is a Dependency Exemption? – Simple and Easy Explanation

November 29, 2025December 2, 2025 - by finpediahub.com

A dependency exemption is a set amount taxpayers can claim for each qualifying child or qualifying relative, reducing the income that is subject to tax. Understanding What a Dependency Exemption …

What Is a Dependency Exemption? – Simple and Easy Explanation Read More
What Is a Deficit
Taxes

What Is a Deficit? – Simple and Easy Explanation

November 29, 2025December 2, 2025 - by finpediahub.com

A deficit happens when the government spends more money than it brings in through taxes and other sources of revenue. Understanding What a Deficit Really Means The word deficit comes …

What Is a Deficit? – Simple and Easy Explanation Read More
Canceled Check
Banking & Credit / Glossary

What Is a Canceled Check? – Simple and Easy Explanation

November 29, 2025January 5, 2026 - by taichinh

A canceled check is simply a check that has been paid, processed, and deducted from your bank account. Learn why these old documents are still important proof of payment. What …

What Is a Canceled Check? – Simple and Easy Explanation Read More

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Insurance

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What Is Written Premium

What Is Written Premium? – Simple and Easy Explanation

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What Is Zero Liability Protection? – Simple and Easy Explanation

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Withdrawal

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What Is a Wire Transfer? – Simple and Easy Explanation

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Virtual card

What Is a Virtual Card? – Simple and Easy Explanation

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Variable rate

What Is a Variable Rate? – Simple and Easy Explanation

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Uncollected funds

What Are Uncollected Funds? – Simple and Easy Explanation

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Taxes

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What Is Withholding

What Is Withholding? – Simple and Easy Explanation

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What Are Wages

What Are Wages? – Simple and Easy Explanation

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What Is Volunteer Income Tax Assistance (VITA)? – Simple and Easy Explanation

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What Is Voluntary Compliance? – Simple and Easy Explanation

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What Is Vertical Equity

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What Is a User Tax? – Simple and Easy Explanation

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We explain financial terms, concepts, and strategies in simple, accurate language.
From banking and credit to investing and insurance, our goal is to make finance easy to understand.
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Recent Posts

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