ADVANCE-DEPOSIT WAGERING - ADW
A kind of gambling on the results of horse races wherein a prior funding of the account is needed before the bettor is allowed to place bets. The ADW is commonly performed by online or by phone. Contrary to an ADW, advance funding is allowed by credit in which the accounts must be resolved at the end of the month. State governments, horse trainers, and racetrack owners sometimes receive share of the revenues from ADW.
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Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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Digesting Financial Statements: Cash Flow
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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 ...
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Inflation and Investments
“How does inflation affect my investments?”
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