Term of the day

Term of the day

Bond Discount

Amount in which a bond’s market price is below its principal amount. Its par value is usually $1,000. Also called discount bond.

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Building Wealth
Building Wealth
Your Guide to Managing Funds After College
Your Guide to Managing Funds After College What could be more exciting for someone in his/her early 20s  than going up the stage and claiming that hard-earned diplom a? Finally, after years of insufficient sleep and piles of work that seemed endless, you are outside the four walls of a classroom and will be venturing into the real world.
Money Smart
Money Smart
What If You Outlive Your Retirement Savings?
A recent estimate revealed that the life expectancy of an average American falls at 79. Two years ago, around 72,000 individuals have reached over a hundred years old and this year, the figure is e xpected to exceed 370,000.
Special Features on Finance
Special Features on Finance
Best Credit Cards for Holiday Shopping
Christmas is just around the corner. You are too preoccupied with work, parties to and fro, and family gatherings. You are about to begin your holiday shopping but you are still choosing the credit cards that can give you the best advantages.
Taxation in Finance
Taxation in Finance
This Is Where Your Taxes Go
We all know part of our salary goes to Medicare, security, taxes, and other deductions. Sometimes, these deductions take a huge chunk of our income. But what exactly is taken from our paycheck?
For Beginners
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Glossary. The Major Forex Market Terms.
Forex Foreign Exchange – a term meaning conversion operations – deals of currency market agents of exchanging the specified amounts of one country currency to another one at a negotiate d price for a certain date.
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