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Overall FTC limitation
The financial definition for Overall FTC limitation:
A limitation on the FTC equal to foreign source income times US tax on worldwide income divided by worldwide income.
Similar MatchesLimitation on conversionLimitation on conversion Applies mainly to convertible securities. Possible delay in convertibility. More frequently, the right to convert may be terminable prior to a redemption date, preventing the holder from receiving a final coupon or dividend. See: Accrued interest.
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