LBS Financial Glossary

What is it? See Location Based Services

Finance Term Definition Added By: Megan

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Other Similar Finance Terms:

Financial Term Assessed Value is The value of a property as determined for taxation by a public tax assessor.

Financial Term Municipal Bond is A bond issued by a state or a political subdivision, such as a county, city, town, or village. The term also designates bonds issued by state agencies and authorities. Interest payments from municipal bonds are generally free from federal income taxation.

Financial Term Successor Trustee or Executor is An individual or institution taking the place of a trustee or executor unable to continue the responsibilities designated in the trust agreement or will.

Financial Term Dividend is Periodic distribution of earnings to stockholders, in the form of cash or additional shares of stock.

Financial Term Collectibility is Refers to the funding sources ability to collect future income stream payments once they are purchased.