Term of the day
Undercast refers to a forecasting error that produces an estimation below the realized value. It commonly occurs when estimating items such as production, performance levels, and future cash flows.
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Off-The-Run Treasury Yield Curve
These are treasuries that refer to the U.S. government bonds of a specific maturity which are not the most newly issued. While they are not as new ...
A form of interest accrual in which the coupon rate is only earned on days when another rate from which the coupon is derived falls within a specif ...
Temporary real estate insurance coverage relative to ownership transfer. It is normally used to guard both the seller and the buyer of a real estat ...
Additional Living Expense Insurance
Coverage under a renter's, homeowner's, or condominium owner's insurance policy that also pays for added cost of living that are acquir ...
Accounting practice of recording the asset purchase as a long-term one, instead of an expense on the firm’s income statement. In general, it ...
Finance for Individuals
How Millennials Handle Money
More often than not, millennials are considered materialistic and spoiled. People believe this generation has a sense of entitlement. However, millennials believe they cannot achieve majority of th eir financial goals such as landing their dream job and buying their own house.
Mobile Wallets on the Rise in 2017
Most people have a stash of cards in their wallets, be it credit, gift, or debit cards. A recent survey revealed that an average person carries around 17 of these everyday, and many are finding the task of storing them in one place and bringing it daily inconvenient.
Are Cult Stocks Worth Investing?
Cult stocks are said to be one of the most unusual investment instruments. Although a cult stock is not noticed in the mainstream, is it worth the investment? There are at least two types of cult stocks: The first one are actively traded in volume, but it occurs on days when news or rumors surround the stock.
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
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