Particular powers, given to an agent by the principal (usually an insurance company) , to conduct actions for the principal. This power may be general, broad power or it may be special, limited power.
Also referred to as "express authority."
Single-country fund is also referred to as ‘country fund’. It is a mutual fund which restricts the investments in it to the one country ...
High-growth firm increasing its revenues by at least 20% annually for four years or more, starting from at least $1 million revenue. The growth rat ...
A business term for predictions about future business conditions. Stockholders ask the company management about what they believe will happen in th ...
High Earners, Not Rich Yet - HENRYs
A word coined in a 2003 Fortune Magazine article that refers to a segment of families who earn between $250,000 and $500,000, but have not much lef ...
A prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from ...
Taking Charge of Your Insurance Terms
In case of accidents and other unwanted occurrences, agreement among parties regarding insurance settlements always stretch longer than it should, ...
Flashback Friday: Fallacies Regarding Personal Bankruptcy
We have heard lots of misbeliefs about a person’s declaration of bankruptcy. Let’s debunk the myths one by one in today’s Flashba ...
Mistakes to Avoid When Saving Money
One third of all working adults have not saved any amount of money for their retirement, according to a survey conducted by Bankrate.com. The websi ...
International Stocks... Why?
For several long-term investors, home-country bias is one of their biggest interferences when it comes to building their portfolio. It refers to in ...
Step Up Option Trading with These Four Apps
Options are somewhat complicated in nature even though it is a safe bet. Still, options trading like a boss is made possible with the following mob ...
SEE FOREX TUTORIAL
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
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