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
Food Scarcity and Its Economic Impact
Aside from political turmoil which often results to wars, another main problem among many countries is the lack of basic necessities, such as food. It was said that when people have a hard time get ting access to their daily survival needs, economic foundations also drop in response, like what happened in many states.
What it Takes to Trade in Oil Futures
On Earth, expect oil to remain the most significant energy source. No one – not even Warren Buffett – can underestimate the vital role of petroleum in our everyday life. According to th e International Energy Agency, the world consumes more than 93 million of barrels of oil and liquid fuels per day, or over 34 billion barrels a year, and demand is growing and consistent.
Taxation in Finance
Sidestep an Audit: Watch Out For These Warning Signals
Around 1% of Americans is expected to be audited this year and while most of the reasons behind these are random, some are initiated by the taxpayers themselves. Given these, here are a few 're d flags' to help you indicate whether you are at risk of being picked by the IRS for a reviews.
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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