Term of the day
Status on an individual who is sick and has been diagnosed with a disease that will take his life. Normally, the doctors tell the individual he only has several months or years to live. These terminally ill individuals are gene ...
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Mechanism Design Theory
An economic theory that attempts to identify the situations in which a certain strategy or mechanism will work effectively, as compared to situatio ...
Yield-Based Option is an option with a value equivalent to the difference between the underlying debt instrument’s exercise price and yield. ...
Clive W.J. Granger
British econometrician who received the 2003 Nobel Prize in Economics, along with American economist Robert Engle, for analyzing economic time seri ...
A method used by companies with outstanding debt obligations to alter the terms of the debt agreements in order to achieve some advantage. Companie ...
Cash Refund Annuity
Annuity contract which gives the funds back to the beneficiary should the annuitant die too early. It has a provision stipulating if the annuitant ...
Fundamentals of Building Your Trading Plan
Just like any other aspects in the financial world, you need to have a pattern to guide your decisions and moves. When it comes to trading, not having a specific plan to base your market responses on is like going in a battle armed with nothing but yourself.
Finance for Individuals
Taxation in Finance
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