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Transportation and Business Terms

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1. 10-K: Annual report required by the Securities and Exchange Commission (SEC) each year. Provides a comprehensive overview of a company's state of business. Must be filed within 90 days after fiscal year-end. A 10-Q report is filed quarterly.

2. 10-Q: Quarterly report required by the SEC each quarter. Provides a comprehensive overview of a company's state of business.

3. 401(K): Under section 401(K) of the Internal Revenue Code, a deferred compensation plan set up by an employer so that employees can set aside money for retirement on a pre-tax basis. Employers may match a percentage of the amount that employees contribute to the plan. Contributions by both employees and employers as well as investment earnings and interest, are not taxed until the employee withdraws the m...
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