ACQUISITION DEBT
A financial obligation obtained through the improvement, construction, or purchase of a secondary or primary residence. One of the examples for acquisition debt is home mortgage. The Internal Revenue Services (IRS) gives certain tax advantages for those who have home acquisition debt. The taxpayers can subtract the interest paid throughout the tax years for mortgages which qualifies as a home acquisition debt. The IRS acknowledge home acquisition debt as any mortgage acquired after October 13,1987 that was used to build, buy or significantly improve a primary or secondary home. The home also secures the mortgage.
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30-Year Treasury
Debt obligation with 30-year maturity. Offered by the US Treasury, it used to be the bellwether US bond. But today, many consider the 10-year Treas ...
Debit Spread
Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the low ...
Buck the Trend
Situation in which the price of a security or a class of assets moves in the opposite direction of the broad market, industry, or its competition. ...
Zomma
Zomma is a third-order Greek that measures the change in gamma in connection with the changes in the underlying asset’s volatility. It is als ...
Rising Bottom
A chart pattern that is characterized by trading periods where the bottom of the price bars rise over time. A rising bottom views as a sign o ...
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