ABANDONMENT
It can mean the act of withdrawing your interest or claim to a specific asset. In forward contracts, it is the permitted withdrawal from such contract that is done for the deliverable securities’ purchase. It can also mean the act of letting an option reach its expiry date unexercised.
POPULAR TERMS
WAL
Weighted Average Life (WAL) refers to the average number of years that each dollar in an unpaid principal on a loan or mortgage remains outstanding ...
Operating Loss - OL
A loss resulting from the main business operations. Extraordinary or peripheral income and expenses are not included.
Base Metals
Metals that rust, damaged or wears off easily when exposed to air or moisture. Commercial and industrial applications is where the base metals are ...
Deferred Annuity
A type of annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them. This type of annui ...
Child Support
Monetary payments made to the custodial parent after finalizing divorce proceedings. The court awards the terms of the child support, which are nor ...
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Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
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Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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