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RESP Explained Part 1 | Tax Free Investing for Your Child's Education | Canadian Tax Guide Chapter 5

42,755 views

Canadian in a T-Shirt

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (CA)

Speech Time:

100%
  • 18:41 / 18:39

Speech Rate:

  • 205 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

designed

/dəˈzīnd/

designed
adjective verb

planned or conceived in detail for specific purpose. To plan in a particular way to fulfill a purpose.

dollars

/ˈdälər/

dollars
noun other

basic monetary unit of US, Canada, Australia, and certain countries in Pacific. Basic units of money equal to 100 cent.

breaking

/brāk/

breaking
verb

To suddenly start, open or commence.

underutilized

/ˌəndərˈyo͞odlˌīz/

underutilized
adjective verb

. underuse.

withdraw

/wiT͟Hˈdrô/

withdraw
verb

To take money out of a bank account.

taxable

/ˈtaksəb(ə)l/

taxable
adjective

(Income) that can be taxed.

important

/imˈpôrtnt/

important
adjective

Having a big effect on (person, the future).

maximize

/ˈmaksəˌmīz/

maximize
verb

To make as large or great as possible.

benefits

/ˈbenəfit/

benefits
noun other verb

advantage or profit gained. Good results or effects, something advantageous. profit.

assuming

/əˈso͞omiNG/

assuming
adjective conjunction verb

arrogant or presumptuous. used for purpose of argument to indicate premise on which statement can be based. To believe, based on the evidence; suppose.

majority

/məˈjôrədē/

majority
noun

greater number.

brackets

/ˈbrakit/

brackets
noun other verb

mark used to enclose words or figures. 90ﾂｰ piece of metal used to support a shelf, etc.. To put into the same category or range together.

available

/əˈvāləb(ə)l/

available
adjective

Able to be used at a scheduled time.

savings

/ˈsāviNG/

savings
noun other

economy of or reduction in money, time. Money people keeps as a reserve.

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