ABSORBED ACCOUNT
An account that has been merged or combined with an another related account. The absorption of accounts to existing ones is a way to simplify the account process. After the absorption of an account, the original account's existence will cease, although a paper trail will be retained to show how the funds have been moved.
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Multi-Level Marketing
A strategy used by certain direct sales companies in order to encourage their existing distributors to bring in new distributors by giving the exis ...
Reintermediation
Individuals withdrawing funds from non bank investments such as real estate and depositing into bank and depository financial-institution accounts. ...
Bellwether Stock
A stock that is perceived to be a popular sign of the direction of industry, sector or market as a whole. These stocks are usually used to know the ...
Voluntary Reserve
Voluntary Reserve is a monetary reserve voluntarily held by insurance companies.
Thomas C. Schelling
American economist and professor who received the 2005 Nobel Memorial Prize in Economics, along with American mathematician Robert J. Aumann. He di ...
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SEE FOREX TUTORIAL
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 ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
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 ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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