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Capital Builder Account (CBA) |
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Capital Builder Account (CBA)A Merrill Lynch brokerage account that allows investors to access the loan value of his or her eligible securities to buy or sell securities. Excess cash in a CBA can be invested in a money market fund or an insured money market deposit account without losing access to the money.Capital Builder Account (CBA) Similar MatchesCapital account deficitCapital account deficitDebits minus credits on capital account. See deficit. Opportunity cost of capitalOpportunity cost of capitalExpected return that is forgone by investing in a project rather than in comparable financial securities. Unrealized capital gain or lossUnrealized capital gain or lossAn increase/decrease in the value of a security that is not "real" because the security has not been sold. Once a security is sold by the portfolio manager, the capital gain../../finance-glossary/losses are "realized" by the fund, and any payment to the shareholder is taxable during the tax year in which the security is sold. Capital gainCapital gainThe amount chargeable to capital gains tax (CGT) from gains made on the disposal of an asset. In the case of stocks and shares, your gain is the difference between the proceeds of selling the shares and the amount you paid for them adjusted for indexationIn calculating the acquisition cost, you can include including broker commissions and stamp duty. Depending on when you bought the shares, the base cost can be increased through the indexation allowance - a good thing from a tax point of view because the higher your acquisition cost, the lower your chargeable gain.In calculating the disposal proceeds, you can deduct commissions and other charges incurred in the process of selling.Whether you have to pay Capital Gains Tax on the chargeable gain will depend on whether you have already used up your annual exemption (the amount of gains you can make in any one year without paying CGT), and on the level of your other gains or losses in the tax year.Taper relief, which reduces the rate of tax you pay on gains, may also be available, depending on how long you have held the shares at the time you sell them. Physical capitalPhysical capitalThe same as "capital," without any adjective, in the sense of plant and equipment. The word "physical" is used only for clarity, to distinguish it from human capital and financial capital. Further Suggestions"Soft" capital rationingCapitalized interest Capital turnover Working capital management Capital loss Morgan Stanley Capital International Pacific Free index capital growth capital movement Contributed capital Morgan Stanley Capital International Europe Index Capital expenditure Dedicated capital Capital-using Capital return on capital employed Net working capital Capital appreciation fund Short-term capital flow Capital stock Capital augmenting capital gains tax Short term capital gain Total capitalization Capital asset pricing model (CAPM) Complete capital market |
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