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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Taiwan Dollar
Currency abbreviation for the Taiwan dollar, the official currency of the Republic of China within Kinmnet, Matsu, Pescadores, and Taiwan. The curr ...
National Association of Purchasing Management Chicago - NAPM Chicago
An association which collects surveys and index that observes business situations in Chicago and its surrounding areas. It surveys companies, both ...
Fund Supermarkets
A firm or brokerage that provides investors a wide selection of mutual funds from different fund families.
Arrearage
A cumulative stock in an overdue credit.
Unlimited Marital Deduction
Unlimited Marital Deduction is a provision that enables a person to move unlimited amounts of assets to his or her spouse at any given time, even i ...
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SEE FOREX TUTORIAL
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
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 ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
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