Term of the day
General Obligation Bond - GO
Municipal debt issue secured by the credit and taxing power of the issuing jurisdiction, not the revenue from a specific project.
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Professional lenders or underwriters grouped to facilitate a huge transaction that is difficult or impossible to be handled by an entity alone. Syn ...
The risk of the value of an investment changing due to changes in currency exchange rates.
Outright Futures Position
It is a long or short trade on an underlying futures contract that has a potential for unlimited profits, but may also carry risk for unlimited los ...
An event that takes place once a year. The annual reports or events may include shareholder meetings, taxes, and corporate filings such as a 10-K. ...
A loan with no fixed term or set duration of repayment. It can be recalled upon the lenders request, assuming the notice required by the provisions ...
Get to Know the Financial Regulators in the US
Federal Reserve Board. A product of the Federal Reserve Act in 1913, the institution is accountable for money, overall credit conditions, and liquidity in the country. As stated in the Act, the FRB aims to promote maximum employment, stable prices, and long-term interest rates.
Finance for Individuals
Sectoral Impact of Brexit
On March 29, British PM Theresa May triggered Article 50 which will begin the two-year negotiations for the country to formally exit the EU. In her letter, the official stated that around six month s ago, the citizens voted for change as they chose to depart the bloc for a brighter future.
Special Features on Finance
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