BACCALAUREATE BOND
It is a zero-coupon bond that is issued by some states in order to help families in saving for tuition in college by addition of other tax benefits. These bonds are offered by many states now and are free of tax securities that allow these states to have reasonable rates when lending, while issuing tax-free bullet bonds to the public wishing to save over a period of time for other post secondary expenses like tuition.
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Wholesale Energy
Wholesale Energy is the purchase and sale of energy products, such as electricity, natural gas, and steam, in the wholesale market by energy produc ...
Letters Patent
A legal instrument issued by the government, which grants the entire rights to a private entity or a corporation for a new invention. The letter st ...
Inflation Trade
Investing method that aims to generate profit from an overall hike in price levels. It often entails trades in commodities including oil and gold b ...
Activity Dictionary
A list of specific activities that are used in the activity-based costing (ABC) analysis. The list is made up of description of different activitie ...
Acronym
Acronym for countries Turkey, Indonesia, Mexico, and Philippines. A group of investors and economists to classify fast-growing emerging market econ ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
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 ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
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 ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
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