Term of the day
It is a coverage of a sure to happen event. It is somehow similar to insurance (and some people interchange these terms except that in insurance, it protects the holder of the policy from certain events that might happen. ...
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Traditional Whole Life Policy
Life insurance contract that has no expiration date. Unlike other life insurances, this contract never runs out and provides coverage for the polic ...
Alpha return of a security or portfolio not attributable solely to the money manager or investor because of consequential beta exposure. It occurs ...
A portfolio that renders an expected return which is too low for the amount of risk it requires, or a portfolio that gives too much peril for a spe ...
Mixed Economic System
An economic system with features of both capitalism and socialism. It lets a level of private economic freedom in using capital, but also allows fo ...
A derivatives exchange situated in Montreal, Quebec, Canada. It trades futures contracts and options, as well as index options and futures. It is C ...
The Economic Role of Robots
In line with the rise of modern technology nowadays, more and more human-like machines are emerging and becoming a part of our daily lives. Although many say it has several negative impacts especia lly in the workforce field, there are also tons of ways it can help in lifting a country's economy.
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.
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
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
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