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Hedge Funds
A fund which is allowed to use aggressive strategies that are unavailable to mutual funds, including selling short, leverage, program trading, swaps,...
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Highly Compensated Employee
These employees are defined in IRC Sec. 414(q). Benefits bestowed on a highly compensated employee are measured when performing ADP and/or ACP tests...
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Home Equity
The current market value of a home minus the outstanding mortgage balance.
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Home Equity Line of Credit
A credit arrangement in which a financial institution agrees to lend money to a customer up to a specified limit. A line of credit, generally arranged...
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