BACKUP LINE
A credit line employed by a bank to screen any issue of the commercial paper for which the financing from the new paper may be unavailable. Backup line of credit adequately gives a substitute pool of liquidity for the issuer and a supply of credit for the purchaser. The backup lines often take the form of a confirmed letter of contractual or credit facility.
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Uniform Premarital Agreement Act
Uniform Premarital Agreement Act is a law permitting parties of a premarital contract to select the jurisdiction where the contract will fall under ...
Commingled
In securities, combining customer-owned securities with brokerage’s own accounts. This is normally illegal.
Predator
A predator is a company with sufficient financial capability to easily bear the risks associated with acquiring other companies. Predators are cons ...
Net Acres
The amount of leased real estate that a petroleum and/or natural gas company has a true working interest in. Net acres express actual percentage in ...
Deposit In Transit
A deposit in transit is money that has been received by a company and sent to the bank, but which has not yet been processed and posted to the acco ...
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SEE FOREX TUTORIAL
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
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