Term of the day
Undersubscribed, which is also called “underbooking”, refers to a situation wherein the demand for an initial public offering (IPO) of securities is less than the number of shares that have been issued.
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Double Irish with a Dutch Sandwich
Tax avoidance tactic employed by some huge companies by combining Irish and Dutch subsidiary firms to modify profits to low or no tax jurisdictions ...
Custom Adjustable Rate Debt Structure - CARDS
Tax shelter product which entails making a large paper multimillion dollar loan to an international party. Utilized by high net worth entities, the ...
A legal contract that gives a tenant the choice to buy the property during or after the expiration of the term. During the agreement period, the pr ...
A mortgage contract provision that permits the seller of a home to transfer the responsibility to the buyer of the home for its existing mortgage. ...
IRS Publication 501
A document that explains certain tax rules that affect each individual who may need to file a federal tax return. Published by the Internal Revenue ...
Retirement Without Savings – Is It Possible?
Retirement signals the end of earning a steady income. That is why financial advisers urge people to create their emergency fund. Unfortunately, a Bankrate study discovered more than one third of w orking-age adults do not stow away any money for retirement.
Special Features on Finance
How to predict price movement
To learn to guess further movement of a currency price is a natural and right wish. Almost all market participants, both institutions and individuals, want to acquire methods of forecasting. Foreca st of currency movements is crucial and plays an important role in reducing risks and raising profits.
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