ALIMONY
Alimony is payments made to a former or even a current spouse under a divorce or separation agreement. In the United States, laws on how alimony will be awarded and paid vary from one state to state. Factors such as the length of the marriage, spouse’s financial prospects, and spouse’s relative incomes determine how the alimony will be awarded.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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