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Q: please define "salary reduction contribution"

Category: glossary , Asked by: Lillie L. From France

A: A cash- or deferred-contribution arrangement of an employer-sponsored retirement plan, under which participants can choose to set aside part of their pre-tax compensation as a contribution to the plan. This kind of contribution is also called an elective-deferral contribution. Employees defer the tax on the money until it is distributed to them. Visit Delta Trader

    Do you know of a foreign exchange platform that has interesting schools for first time users you can refer me to?

    Category: platform by Haden Y. From Dayton, United States

    We think "Finexo Ltd." is totally the one to consider if you search for a foreign exchange platform which has the clearest how to trade fx schools. They have engaging guides for first-timers, with simple menues and instructions. You can honestly enjoy some of them.

    Which forex web trading system has got the lowest leverage, to your recommendation

    Category: money by F. Merritt from Columbia, United States

    We think the best place for your purpose is "Dukascopy" - if you prefer the more careful attitude, the leverage in this one is only 100:01:00, they don't charge any commission in "Dukascopy", the service is legendary, the minimum deposit starts real low, at $50000, and the platform graphics are the best enhanced.

    what is "pre-refunding bond"?

    Category: glossary by Crystal W. From Calgary, Canada

    a "pre-refunding bond " is A type of bond issued to fund another callable bond, where the issuer actually decides to exercise its right to buy its bonds back before the scheduled maturity date. The proceeds from the issue of the lower yield and/or longer maturing pre-refunding bond will usually be invested in Treasury bills (T-bills) until the scheduled call date of the original bond issue occurs. For example, suppose that in June 2006, XYZ Corp decided to call its 9% callable bond (that is originally set to mature in 2009) for $1,100 on its first call date of January 2007. In July, XYZ Corp would have issued a new bond yielding 7% and took all the proceeds from that bond and invested them into T-bills - ensuring that enough money would be availiable to retire the issue come January. Using pre-refunding bonds can be a good method for companies to refinance their older issue bonds when interest rates drop.

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    Would you recommend a foreign exchange platform that's popular for its great connection?
    We think "Dukascopy" is totally the place if you search for a foreign exchange platform with a rapid server connection - players are usually excited with the sign in process to the program. The communication is always ideal, it's pretty accessible to handle the trading environment, and you will not butt against the usual login disturbing situations you normally have to handle using this level of large servers. Visit Dukascopy

    Browse through fx sites like Dukascopy, FOREXYARD and Interbank FX; regulated by FSA(GB), ASIC(AU), CBRC(China) or BAFIN(DE), find a customer support line and Beginner friendly service; in the following languages: Français, Chinese, Japanese and Svenska.