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A stated income loan is a mortgage where the lender does not verify the borrower's income by looking at their pay stubs, W-2 (employee income) forms, income tax returns, or other records. Instead, borrowers are simply asked to state their income, and taken at their word. These loans are sometimes called liar loans or liar's loans. [1]
A proof banknote is one that is printed to test the printing plates to see if it is suitable or not for putting into full production. A reason a proof banknote may be rejected is the colour is not suitable for one reason or other reasons. Another reason a proof banknote may be rejected is due to the design itself being unsuitable for one reason ...
Autonomous consumption. Autonomous consumption (also exogenous consumption) is the consumption expenditure that occurs when income levels are zero. Such consumption is considered autonomous of income only when expenditure on these consumables does not vary with changes in income; generally, it may be required to fund necessities and debt ...
Taxi Orange was an alternative to the Big Brother reality show. It was broadcast by the public television channel ORF.The idea, like Big Brother, was to lock up a group of people in a closed environment, only allowed to leave operating an orange taxi within the city of Vienna as a source of income and interaction with the world outside.
The Citizen's Account Program in Saudi Arabia is a cash transfer program that started in December 2017. The program is adopted and implemented by The Ministry of Labor and Social Development. [1] Through the programme, citizens in Saudi Arabia get monthly payments from the state. Saudi Arabia is doing many reforms to reduce the country's ...
T1 General. The T1 General or T1 (entitled Income Tax and Benefit Return) is the form used in Canada by individuals to file their personal income tax return. Individuals with tax payable [1] during a calendar year must use the T1 to file their total income from all sources, including employment and self-employment income, interest, dividends ...
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