Sentences with phrase «to hold money»

However, there are many people out there who are not so familiar with the word «cryptocurrency,» and don't hold money in banks due to taxation and many other reasons.
Most people will do just fine with traditional CDs, which hold your money for a fixed term in exchange for interest.
They are holding your cash, but they aren't holding the money in cash, they are investing it.
Instead of holding the money in trust for the husband, he paid the proceeds to the wife.
With this settlement option, the interest income is somewhat similar to having a bank hold the money and pay you interest.
The brokerage holds the money as a stakeholder and not as an agent for one of the parties to the trade in real estate.
The reason for this is because our child is a minor, and the trust would be needed to hold the money on his behalf should we both die.
Typically the escrow account holds money from the Buyer for the lender; the escrow account will store the mortgage payments, which can consist of the principal, interest, and insurance.
Most people will do just fine with traditional CDs, which hold your money for a fixed term in exchange for interest.
Normally, you can't do this because a lender will simply hold the money until the end of the month, paying your total monthly payment in one lump sum.
I know my brokerage holds my money in trust and that made me feel a bit more comfortable until I read this.
Every lawyer who holds money for clients must have a system in place for maintaining and properly recording all transactions related to these funds.
An escrow account holds your money for property taxes and homeowners insurance, two costs that stay with you as long as you own a home.
If you won't meet the minimum requirements to hold a money market account without fees, though, opt for an online savings account with no minimum requirements.
Because they still hold the money, the carrier can offer interest on the portion they hold until the face amount is entirely used up.
If you can't quite hit the 20 % threshold to avoid mortgage loan insurance, I think you're right to hold some money back.
Cash investments can lower the overall risk of your portfolio and give you a place to hold money while you wait to invest it.
I checked again, it is quite clear that my plan holds my money hostage until I leave the company.
A list of free - to - client and fee - charging debt advice organisations holding a Money Advice Service accredited standard or membership code can be found here.
We never hold your money, unless there's some technical difficulties or when you buy our portfolio management service.
You'll make monthly payments at a relatively high interest rate, especially considering you're not actually holding the money.
You don't need to let the government hold your money any longer!
As an estimated payment, you can hold potentially hold your money longer, making one big payment at the end of the quarter where you have the sale.
When you observe, anytime those vehicles break down, you find that their owners come with mechanics because the drivers are not holding the money there.
But this has clear limits: People do not have to hold money at banks, they can ask for their money in notes.
Probably why he gets away with things like holding money offshore etc..
It used to be revolutionary to hold your money with a bank that didn't have any brick and mortar locations for you to visit.
Banks would have to pay the central bank to hold their money overnight, but people might borrow more, which would be a positive.
One theory holds that money makes cooperation possible in large groups of strangers, where trust is in short supply.
A third - party account that holds money before two parties go through with a transaction.
Included: Hold a money bee, design a coin, make predictions, discover what some consumer goods could have cost a century ago, more!
Plus, who do you want holding your money, a mutual insurance company or a mutual fund company?
Whatever you do, do NOT listen to anyone fighting against the fiduciary rule — it is in your best interest that anyone holding your money follows that rule.
This is a dynamic process that holds each money manager accountable and keeps them focused on delivering consistent, long - term results.
«What we want from a monetary system isn't to make people holding money rich,» he said.
The escrow agent holds the money exchanged in a purchase until all agreed upon conditions between the buyer and seller are met.
Instead, a third - party holds the money in an escrow account.
Holding some money separately makes sense in any relationship.
Magnetic: Something has to hold your money clip together around your money, right?
The good news is that once a claim has been made by one beneficiary, the insurance company will hold the money indefinitely for any other beneficiaries.
Small businesses may use a CD to hold money saved for a specific purpose in the future and can not be lost in a riskier investment.
As consumers continue holding their money close, demand for products and services has fallen.
The immediate next step upon approval is to secure holding monies.
Smart contracts are the digital equivalent of holding money in escrow with a third party, with the intention of releasing the funds some time in the future.
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