Bracket

A term signifying the extent an underwriter's commitment in a new issue, e.g., major bracket or minor bracket.

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Zero-bracket amount
The standard deduction portion of income which is not taxed for taxpayers choosing not to itemize deductions.

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SWIFT

Society for Worldwide Interbank Financial Telecommunications (SWIFT) is a dedicated computer network to support funds transfer messages internationally between over 900 member banks worldwide.


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