Business / Finance / Federal Gift Tax: The interest rate that banks with excess reserves at a Federal Reserve district bank charge other banks that need overnight loans. The Fed funds rate, as it is called, often points to the direction of U.S. interest rates. The most sensitive indicator of the direction of interest rates, since it is set daily by the market, unlike the prime rate and the discount rate.
Gift Adjective Synonyms: present, donation, favor, grant, largesse, bounty, benefaction, offering, honorarium, contribution, give-away, premium, bonus, prize, alms, hand-out, dole, charity, benefit, tip, gratuity, baksheesh or backsheesh, pourboire, cumshaw
Tax Noun Synonyms: assess, exact, demand, charge, impose or levy a tax (on), tithe
Tax Adjective Synonyms: levy, impost, duty, tariff, assessment, tribute, toll, excise, customs, charge, contribution, scot, tithe, octroi, cess, rate(s), dues
Business / Real Estate / Tax-Free Gifts: Gifts that are free from federal gift taxes. MORE
Business / Finance / Gift Tax: A technique used to avoid a gift tax in which a large sum of money to be given by two parents to a child is halved and given to the child separately For example, a husband and wife each donate $10,000 MORE