It is a sheet of paper that is attached to the document of bill of exchange in order to document endorsements. The reason for using allonge in bills is simply because of the lack of space that can be used in the bill.
A technical indicator, created by and named after Stephen Klinger, which determines long-term trends of money flow based on volume and stays sensit ...
European Financial Stablisation Mechanism - EFSM
Permanent fund created to provide financial assistance to EU member states in times of financial difficulties. In essence, it generates money throu ...
A type of investor who is willing to take on additional risk for an investment that has low expected return. This is the opposite of risk averse.
Corporate Ownership of Life Insurance - COLI
Insurance policies taken away by companies on their employees in which death benefits will be given to these firms instead to the insured individua ...
It refers to the payment/collection of funds between clearing members and their clearing houses.
Invest in Gold Without Owning It
Apparently, a trader can invest in gold without possessing it. Here’s how. Derivatives. The derivativ ...
Significance of 10-Year US Treasury Rates
There are various reasons on why investors monitor treasury bond yields or rates. Yields on this derivative are paid by the American government as ...
How Taxes Affect an Individual`s Behavior
Taxation refers to the act of levying tax on an activity, income, or product. Imposed by the government, it is applicable to all types of taxes, in ...
Option Traders, Be in the Know with These 4 Apps
One of the prerequisites of option trading is to keep abreast of the latest market news and opportunities. Trading this derivative is not easy, but ...
Financial Myths to Look Out For
While our folks’ advices on money handling were great 20 or 30 years ago, it is not exactly wise to apply them nowadays, especially with a dr ...
SEE FOREX TUTORIAL
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
An Introduction to Ethical Investing
Ethical investing is, simply put, investing while taking into consideration your personal beliefs or your ethics. Because it is personal, it means ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
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