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 ...
Find Your Words:
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 ...
Finance for Individuals
4 Pillars of a Legal Contract
An individual will be encountering and signing several different contracts such as an agreement to purchase a house or a car. But have you ever thought of what this legal document about is and what it actually requires from you? Or do you really know the important elements a contract must posses to make it valid and enforceable? Before signing a contract, be familiarized with the four elements [#ret]of a legal contract: Competent Party It is given that any individual cannot engage in a contract with an insane person, and this is extended to people under the influence of mind-a[#ret]ltering drugs or alcohol.
Special Features on Finance
Taxation in Finance
Tackling Greece`s Real Problem: Tax Escapists
Two years ago, Greece had its third bailout since 2010 amid an impending departure from the Eurozone. The country was able to secure a loan worth 86B euros along with a number of requirements and c onditions from creditors, which includes a task to address the widespread tax evasion conflict that plagued the nation for years.
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|04:30||RBA Deputy Governor Guy Debelle Speaks|