Term of the day
Requirement often written in the contracts of annually renewable lines of credit. Borrowers are mandated to repay any outstanding balance on a revolving line of credit then cease its use for a defined time period. These are nor ...
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Contract provision permitting the cancellation of contract without penalty if the party fails to comply with the requirements in the contact. This ...
Standalone profit is the profit that resulted from a standalone project, division, or firm’s operation. These profits only include the direct ...
Online banking is also referred to as internet banking or web banking. It uses internet to perform banking activities. A good online bank will prov ...
Chartered Portfolio Manager - CPM
Professional designation conferred to individuals specializing in portfolios. To obtain this designation, one must possess any approved degree in a ...
Analysis employed by an investor, analyst, or portfolio manager to evaluate a firm relative to its industry or industry counterparts. It differenti ...
Special Features on Finance
Use of Japanese candlesticks to determine support and resistance levels
Despite Japanese origin of the candlestick charting technique it is becoming an essential way of Western technical analysis. Although it has gained popularity just recently, Japanese trad ers have been using the candlestick charting technique for many years.
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