Term of the day
A Latin word meaning “suit pending”; a recorded and an official notice to the public about filing a lawsuit. It is a concept where any property buyer must assume any litigation that is existing in that property. If ...
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Swiss National Bank
Independent central bank responsible for Switzerland’s monetary policy and issuing Swiss franc banknotes. Cantons (states) and state-owned ba ...
Relocating people within a country to live elsewhere. People emigrate for several reasons such as improving the quality of life and escalating a pe ...
An agreement between 2 parties to engage in a loan transaction in the future. The lender will lend the borrower funds on a specified future date, a ...
Amount of return generated from a bond. It is computed by dividing the interest paid by its current market price. Nominal yield is the most common ...
Act of selling undesirable securities from the broker-dealer’s account to their clients. Brokers-dealers seek to avoid taking losses from sec ...
Finance for Individuals
Why Are Millennials Overly Worried About Retirement?
Although often dubbed as lazy and immature, today’s generation are highly aware of the global financial state and are more than ready for it than most people think they are. This is because t hey are noticeably more engaged when it comes to saving up for their future needs especially for retirement compared to the boomers, who started somewhere at the age of 35.
Special Features on Finance
Student Loan Escape: Debt Forgiveness Applications
For years, the youth has been highly encouraged to take up tertiary education courses despite it providing diminishing returns in the labor market, and complete this through subsidized loans since getting a degree is always coupled with the problem of expensiveness.
Taxation in Finance
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.