Term of the day
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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Currency which can be easily and readily bought or sold for another currency without government restrictions. Also known as hard currency.
Nominal Interest Rate
The interest rate before taking inflation into account. The nominal interest rate is the rate quoted in loan and deposit agreements. The equation t ...
Automated Clearing House - ACH
A fund transfer system that deals with direct deposit, payroll, consumer bills, tax refunds, and many more payment services.
Flipping refers to a real estate investment strategy where investors buy properties and then sell them for a profit.
Tax-liability rule stating a portion of the death benefit is considered an ordinary income and subject to taxation if a life insurance policy is so ...
Combat the Volatile Market with These Mutual Funds
The first quarter of 2016 is about to end. But equity markets have seen no precise direction and experienced high volatility so far. Given that situation, how can investors keep up with the erratic ness of markets? Mutual fund has always been a safe investment especially in times like these.
Special Features on Finance
Taxation in Finance
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