ABOVE PAR
It is a term that is used to describe a security’s price when it is being traded above its actual face value. Usually, a security is being traded at above par when the income distributions of that security are comparatively higher than the other financial instruments that are currently available and being traded in the market.
When an investor acquires a security in its above face value, the investor will have a capital loss when it is redeemed at maturity for face value.
POPULAR TERMS
Convertible Currency
Currency which can be easily and readily bought or sold for another currency without government restrictions. Also known as hard currency.
Nominal Interest Rate
The interest rate before taking inflation into account. The nominal interest rate is the rate quoted in loan and deposit agreements. The equation t ...
Automated Clearing House - ACH
A fund transfer system that deals with direct deposit, payroll, consumer bills, tax refunds, and many more payment services.
Flipping
Flipping refers to a real estate investment strategy where investors buy properties and then sell them for a profit.
Transfer-for-Value Rule
Tax-liability rule stating a portion of the death benefit is considered an ordinary income and subject to taxation if a life insurance policy is so ...
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Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
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02:30 | ANZ Jobs Advertisements | Feb | |
02:30 | Company Operating Profits | 4 quarter | |
02:30 | PMI Manufacturing | Feb | |
03:45 | Markit Final Manufacturing PMI | Feb | |
07:30 | Commodity Prices | Feb | |
09:30 | Retail Sales | Jan | |
10:15 | PMI Manufacturing | Feb |