Term of the day
Municipal general obligation bond where the cash flows are committed by two distinct and separate entities. One entity will pay interest while the other, principal. Also called combination bonds.
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Electronic Funds Transfer Act
Federal law which gives protection to consumers engaged in transferring funds through electronic methods. The methods include debit cards, automati ...
Clayton Antitrust Act
Amendment which provides additional clarification and substance to the Sherman Antitrust Act of 1890. Passed in 1914 by the US Congress, it endeavo ...
Yield Advantage is the additional return that an investor can get if a convertible security of an issuing corporation is purchased instead of the s ...
Financing arranged during the Chapter 11 bankruptcy. Extremely high risk, a debtor in possession seeks to fulfill its reorganization plan, discard ...
Marketing products and services according to environmental factors on awareness. Firms part of green marketing make decisions relative to the whole ...
Finance for Individuals
Tips on Hiring a Financial Advisor
Gone were the days when people believed only popular and wealthy people need the expertise of financial advisors. While some recognize the necessity of getting a financial guru, they opt to manage money matters themselves because of the charges that comes with having one.
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