Term of the day
Eric S. Maskin
American economist and professor of social science at the Institute for Advanced Study (IAS). He received the 2007 Nobel Prize in Economics, along with Russian economist and mathematician Leonid Hurwicz, and American economist ...
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Certificate issued by government agencies stating property ownership. The document allows transferring a property without completing the required t ...
Creditor’s legal right of ownership to take possession or sell the collateral property of debtor who failed to meet the obligations specified ...
Corporation, normally a bank trust department or trust company, authorized to act as the Fiduciary for a private trust. This is different to an ind ...
The inherent risk that arises when doing business in a foreign jurisdiction or when an investor is exposed to perils due to unexpected changes in l ...
Joint Tenants with Right of Survivorship - JTWROS
A brokerage account owned by at least two individuals. All joint owners share equal right to the account’s assets and are given survivorship ...
What`s in Store for BRIC Economies?
In 2001, then Goldman Sachs Group Inc. Chief Economist Jim O’Neill coined the acronym BRIC, referring to the economies of Brazil, Russia, India, and China. The acronym, first used in his 2003 report Building Better Global Economic BRICs, grouped the four countries as emerging market powerhouses, saying they had the perfect blend of attributes to make them the upcoming economic su[#ret]perstars.
Finance for Individuals
Singapore Exchange Limited also called as SGX is an investment holding company based in Singapore and offers various services associated with derivatives and securities trading and others. Singapor e Exchange is affiliated to the Oceanian and Asian Stock Exchanges Federation and the World Federation of Exchanges.
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