Term of the day
Undercast refers to a forecasting error that produces an estimation below the realized value. It commonly occurs when estimating items such as production, performance levels, and future cash flows.
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Off-The-Run Treasury Yield Curve
These are treasuries that refer to the U.S. government bonds of a specific maturity which are not the most newly issued. While they are not as new ...
A form of interest accrual in which the coupon rate is only earned on days when another rate from which the coupon is derived falls within a specif ...
Temporary real estate insurance coverage relative to ownership transfer. It is normally used to guard both the seller and the buyer of a real estat ...
Additional Living Expense Insurance
Coverage under a renter's, homeowner's, or condominium owner's insurance policy that also pays for added cost of living that are acquir ...
Accounting practice of recording the asset purchase as a long-term one, instead of an expense on the firm’s income statement. In general, it ...
Finance for Individuals
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.
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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