Term of the day
This refers to a person who has a high net worth as an effect of the large total market value of the assets he/she owns. This often occurs when an investor buys marketable securities that later bid up to higher prices on the op ...
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This is used by a married couple who purchases single life annuity for the older spouse and a joint life annuity for both of them. In case the youn ...
In options or futures contract, the difference between the current price and the previous day’s closing price.
Smeal College of Business
Smeal College of Business is the Penn State University’s school of business. It offers undergraduate, graduate, and doctoral programs in vari ...
Purple Chip Stock
A term coined by portfolio manager John Schwinghamer in his book "Purple Chips: Winning in the Stock Market with the Very Best of the Blue Chi ...
Short-term obligations, normally less than 90 days, providing return through interest payments, Generally, it offer a low return unlike oth ...
Finance for Individuals
Financial Myths to Look Out For
While our folks’ advices on money handling were great 20 or 30 years ago, it is not exactly wise to apply them nowadays, especially with a drastic change in our economy. So as you get your fi rst ever pay and start managing your own finances, it is important for you to be aware that not everything you hear will be a good move for you to try.
Resolving Financial Dispute in Marriage
Money is one of the most disputed issues in marriage and the leading causes of divorce. Instead of consistent and sincere communication, couples contend with financial quarrels by trial and error. Having said that, let this article outline how spouses should handle money matters.
Special Features on Finance
Taxation in Finance
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