Term of the day
Short Covering is the buying back of securities for the purpose of closing an open short position. Short covering means buying back the exact same securities that was sold short initially. This is allowed because the short-sale ...
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Situation in which a broker splits an order for securities into smaller buy or sell orders. For some securities, smaller orders are easier to be ex ...
Interest incurred for personal loans, automobile loans, and consumer credit. It entails all types of nondeductible interest consumers must pay. ...
Asset Value Per Share
The whole value of an investment fund divided by its number of shares outstanding. This kind of asset value per share, most often, is regarded as & ...
National Credit Union Association or NCUA is equal to the Federal Deposit Insurance Corporation. The only difference is that, the NCUA deals with c ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
Finance for Individuals
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Make Your European Trip a Reality
Visiting Europe is the ultimate dream of almost all tourists. This large region, with a total population of 743.1 million (as of 2015), has something to boast: ancient sites, spectacular tourist at tractions, breathtaking views, and delicious foods and drinks (talk about pizza and wine).
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