ABSOLUTE AUCTION
A kind of auction wherein the highest bidder is awarded with the sale. Reserve price, which sets a minimum required bid for the item to be sold, do not exist on absolute auctions. Foreclosed properties maybe related as a type of absolute auction., wherein the foreclosed property is acquired by the winning bid. This is in contrast to a lender confirmation auction, wherein the bid must be approved by the lender first before the transaction will be completed.
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Grading Certificate
Document issued by inspectors or an approved grading panel, stating the quality of a commodity. It is significant since a commodity must be declare ...
Protective Stop
A strategy used to protect existing gains or prevent further losses by means of a stop-loss order or limit order. It is set to activate at a specif ...
Fixed Amortization Method
One of three methods by which early retirees of any age can access their retirement funds without penalty before turning 50.5. The fixed amortizati ...
Pretax Rate Of Return
The rate of return on an investment that does not take the taxes the investor must pay on this return. Because individuals' tax situations diff ...
Notional Value
The total value of a leveraged position's assets. This term is commonly used in the options, futures and currency markets because a very small ...
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Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Inflation and Investments
“How does inflation affect my investments?”
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