Term of the day
In a security backed by commercial mortgage, B note is the secondary tranche. These notes are components of A/B/C financing or A/B Financing. These notes have lower credit rating compared to class-A notes but they have higher r ...
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A parcel of property without any direct access via public thoroughfare except through an adjacent lot. For instance, an empty lot behind a mall and ...
Obligation that may be incurred based on the outcome of a future event. It refers to the uncertain result of an existing situation, which be resolv ...
A securities exchange that facilitates trading using a combination of a traditional floor broker system and an electronic trading platform. It give ...
The possibility a swap dealer fails to find a suitable counterparty for a swap transaction where it acts as an intermediary. The ...
Optimal Currency Area
The geographic area in which a single currency would create the greatest economic benefit. While traditionally each country has maintained its own ...
Finance for Individuals
Settle Your Mortgage Without Being Broke
Yes, you read that right. There are some ways, at least five, to pay down a mortgage without sacrificing your budget. Let me teach you the ways. Choose a 15-Year Mortgage A 15-year mortgage requires a higher monthly payment, but it is well worth the sacrifice.
Special Features on Finance
Taxation in Finance
Be Proactive: 5 Tax Resolutions for Filing Next Return
The dreaded April 15 tax deadline has passed, and another tax season will open. While preparing your tax return, you learned a lot of lessons and made mistakes along the way. As you embark on anoth er tax season, here are the five resolutions you may undertake to benefit next year’s return.
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|11:50||MPC Member Gertjan Vlieghe Speaks|
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