Financial Crimes Enforcement Network

Definition:

U.S. Treasury office that collects and analyzes information about financial transactions to combat money laundering, terrorist financing, and other financial crimes.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Deferred compensation

An amount that has been earned but is not actually paid until a later date, typically through a payment plan, pension, or stock option plan.

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