ABANDONED PROPERTIES
These are assets that include contents of a safe deposit box, life insurance policies, land, uncashed checks, mutual funds, bonds stocks and cash that were turned over to the government because of several years of inactivity. There are some states that hold these properties for a time, until the real owners and/or their heirs claim them in an indefinite time. On the other hand, there are also some states that take the property if it became dormant for a long time, in a process called "escheatment." The purpose of the Abandoned Properties Laws is to remove the liability from the asset holder.
POPULAR TERMS
Uniform Premarital Agreement Act
Uniform Premarital Agreement Act is a law permitting parties of a premarital contract to select the jurisdiction where the contract will fall under ...
Commingled
In securities, combining customer-owned securities with brokerage’s own accounts. This is normally illegal.
Predator
A predator is a company with sufficient financial capability to easily bear the risks associated with acquiring other companies. Predators are cons ...
Net Acres
The amount of leased real estate that a petroleum and/or natural gas company has a true working interest in. Net acres express actual percentage in ...
Deposit In Transit
A deposit in transit is money that has been received by a company and sent to the bank, but which has not yet been processed and posted to the acco ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to MetaTrader 4 and MetaTrader 5
Metatrader 4 (MT4)
Metatrader 4 (MT4) is a prominent trading platform among online brokerage firms developed by MetaQuot ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Mar | |
| 02:30 | Tertiary Industry Index | Mar | |
| 02:30 | PMI Composite | Mar | |
| 10:15 | PMI Manufacturing | Mar | |
| 10:15 | PMI Services | Mar | |
| 10:15 | Composite PMI | Mar | |
| 10:15 | Composite PMI | Mar | |
| 10:30 | PMI Manufacturing | Mar | |
| 10:30 | PMI Services | Mar |
