What Is a CUSIP Number? Structure, Uses, and Lookup
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Key terms
- EIN (Employer Identification Number)A unique nine-digit number assigned by the IRS to identify a business for tax purposes, similar to a Social Security number for individuals. An EIN is required for businesses that have employees, operate as corporations or partnerships, file certain tax returns, or open a business bank account. Applying for an EIN is free and can be done online through the IRS website, and it is one of the first steps in formally establishing a business.
- Room and BoardThe combined cost of housing and meal plans at a college or university, which is a significant portion of the overall cost of attendance. Room and board costs vary depending on whether you live on campus, off campus, or at home, and the type of meal plan you select. Many colleges require first-year students to live on campus and purchase a meal plan.
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