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Federal gift tax |
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Federal gift taxA federal tax imposed on assets conveyed as gifts to individuals.Federal gift taxIn the US, a federal tax levied on gifted property, money or securities. The tax is payable by the donor and based on fair market value of the gift. A parent or parents making gifts to children are allowed to make transfers up to a specified amount without paying tax.Similar MatchesFederal agency bondFederal agency bondFixed-income security issued by a government agency such as FNMA. Federal deficit (surplus)Federal deficit (surplus)When federal government expenditures are exceeded by federal government revenue. Federal Insurance Contributions ActFederal Insurance Contributions ActIn the US, the federal law which directs employers to withhold a proportion of employees' salaries for payment to the government in order to provide future pension and other social security benefits. Federal Agricultural Mortgage Corporation (Farmer Mac)Federal Agricultural Mortgage Corporation (Farmer Mac)A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans. Federal Home Loan BanksFederal Home Loan BanksBanks created under the Federal Home Loan Bank Act of 1932, in order to keep a permanent supply of money available for home financing. The banks are controlled by the Federal Home Loan Bank Board. Savings and loans, insurance companies, and other similar companies making long term mortgage loans may become members of the Federal Home Loan Bank System, and thus may borrow from one of the regional banks throughout the country. Further SuggestionsFederal Open Market Committee (FOMC)Federal Housing Administration (FHA) Federal Home Loan Banks FHA (Federal Housing Admininistration) Federal Deposit Insurance Corporation Federal agency securities Federal Reserve District (Reserve district or district) Federal Reserve System Federal National Mortgage Association Federal Home Loan Mortgage Corporation (FHLMC) Federal Financing Bank Federal Farm Credit System Federal National Mortgage Association (FannieMae) Federal Reserve Board (FRB) federal agency security Federal Reserve Act of 1913 Off budget Federal entities Federal Intermediate Credit Bank Federal Reserve notes Federal Reserve Board Federal Farm Credit Bank Federal Land Bank Federal Maritime Commission (FMC) Federal funds rate Federal Deposit Insurance Corporation (fdic) |
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