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Economy described as not too hot, not too cold, but just right. It enjoys sustained growth and low inflation. Although there is not precise markers of a Goldilocks economy, it is characterized by the following: brisk but steady ...
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Also referred to as harmonic mean, the mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of ...
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential an ...
Endorsement permitting any instrument holder to possess a claim for payment. Since it indicates no payee, it converts the instrument into a bearer ...
A forex strategy which allows investors to duplicate the forex trading behavior of veteran and successful investors around the world. Developed in ...
An economic recuperation after a recession, where the economy improves in general but the unemployment rate is increasing or remains high over a pr ...
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
A Credit Card Company’s Defense Against Fraud
Nowadays, some clients have a number of tricks up their sleeves when it comes to credit card deception. Unauthorized transactions using these cards are quickly becoming popular, robbing companies o f billions because they cover up majority of consumers’ liability during such cases.
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