Home > Glossary > Juvenile Delinquent
Juvenile Delinquent
Categories: Legal,
Slang for a minor who has been found to have committed a criminal offense. Minors may not end up with "convictions," (they are often simply adjudged to have committed the crime), and are usually punished by laws that do not apply to adults, such as by confinement in a facility solely for juveniles. Also termed juvenile offender, youthful offender, or delinquent minor.
Featured term of the day
Definition / Meaning of
Charitable Remainder Trust
Categories: Estate Planning, Legal, ,
A kind of charitable trust in which someone places substantial assets into an irrevocable trust.The trust is set up so that the donor (or other beneficiaries named in the trust) receives trust income for a number of years or for life, after which the assets go to a tax-exempt charity. The IRS allows a large deduction in the year the assets are donated to the trust. The tax savings are sometimes used to buy an insurance policy on the life of the donor payable to children or grandchildren at the donor's death. This way the donor can make the gift to charity, receive income from the trust, and still make a large gift at death to family members. There are several kinds of charitable remainder trusts, including charitable remainder unitrusts and charitable remainder annuity trusts. Compare: charitable lead trust
Most popular terms
1. U.S. Treasury Securities2. Tax Exempt
3. Covenant Not To Sue
4. FACT Act (Fair And Accurate Credit Transactions Act)
5. Return
6. Sovereign Wealth Funds
7. Corridor Self-insured Retention
8. Common Shares
9. Act-as-one Provision
10. Health Savings Account (HSA)
Search a term
Browse by alphabet
A | B | C | D | E | F | G |
H | I | J | K | L | M | N |
O | P | Q | R | S | T | U |
V | W | X | Y | Z | # |
Browse by category
AccountingBanking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital