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Retained earnings

The financial definition for Retained earnings:

Accounting earnings that are retained by the firm for reinvestment in its operations; earnings that are not paid out as dividends.




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Grantor Retained Income Trust (GRIT)

Grantor Retained Income Trust (GRIT)
A tax-saving trust in which a grantor transfers property to a beneficiary, but receives income until termination, at which time the beneficiary begins receiving the income.




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