Term of the day
Conversion Parity Price
Price paid for a share of stock purchased by exercising a convertible option. It refers to the effective price an investor pays, which is computed by dividing the market price of the convertible security by the conversion ratio ...
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A series of invoices prepared at different stages in the process of a major project, in order to seek payment for the percentage of work that has b ...
Single Interest Insurance
Single interest insurance is an insurance policy to protect lenders in case of a default. The security interest in stated property such as cars and ...
Comparative Interest Rate Method
Interest-adjusted technique of getting the cost difference between insurance policies. It illustrates the difference a whole life policy and a decr ...
Philadelphia Stock Exchange - PHLX
PHLX was the first securities exchanged to be formed in the U.S. It was created in 1970, and it trades currency, equity and index options.
Dow Jones Wilshire Mid-Cap Index
Mid-cap subset of the Dow Jones Wilshire 5000 Composite Index. It is comprised of companies ranked 501 to 1,000 in terms of their market capitaliza ...
Insure Your Designer Clothes – Now
If you are a lover of all things fashion – designer clothes, bags, shoes, and jewelries, you may want to insure them. Remember, a homeowners insurance does not cover these things. I nsurance companies normally classify clothing, shoes, and handbags under household contents category, which are subject to high deductions, limits, and exclusions, including floods, mold, and moth dam[#ret]age.
Special Features on 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.
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