Accommodation Check
A check written by a thrift institution on its account with a bank, payable to a third party named by a customer withdrawing funds to cover the check from his or her account at the thrift institution.
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Stock Purchase Plan
A trust established by a corporate which acts as a tax~qualified, defined contribution plan by making the corporations employees partial owners. contributions are made by the sponsoring employer, and can grow tax~deferred, just as with an IRA or 401(k) plan. But unlike other retirement plans, the contributions must be invested...
