money and financial problems

Southern Life & Health Ins. Co. v. Morgan

Southern Life & Health Ins. Co. v. Morgan, 21 Ala. App. 5 (Ala. Ct. App. 1925), is an Alabama Court of Appeals case that established that spouses can lose their rights in the honoring of the deceased if they do not act within a reasonable...

spousal share

Spousal share (also called forced, elective, or statutory share) refers to the amount state laws entitle a spouse to after their spouse passes regardless of what is in a will. Spousal shares prevent spouses from changing the amount through a...

spousal support

Spousal support, also known as alimony, is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce. The purpose of spousal support is to limit any unfair economic effects of a...

SSA

See: Social Security Administration

[Last updated in September of 2021 by the Wex Definitions Team]

SSI

Abbreviation, Supplemental Security Income.

standard mileage rate

Standard mileage rate is a basic tax deduction per mile offered by the IRS for individuals traveling for business, medical, and charitable purposes. An individual must report the amount of covered miles to the IRS in order to claim a tax...

statutory lien

Statutory lien is a category of liens that stem from statutes and do not depend on the common law or specific contractual provisions for their existence. Nevertheless, many statutory liens are codifications of liens that existed under the...

stock dividend

A Stock dividend refers to corporate dividends compensating shareholders or employees in the form of stocks instead of money. Companies issue stock dividends typically in the form of a certain percentage per share. For example, a company may...

storage lien

A storage lien is a security interest that may be acquired in property by someone who provides storage services for that property. The failure to pay for services as agreed may allow the lien holder to keep possession of the property involved...

straw man

Straw man is a third party that holds property in intermission for the sole purpose of transferring it to another. In property law, a straw man would be the person whom a grantor transfers land to for some reason; (sometimes known as a "front...

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