BAD DEBT RESERVE
An account set aside by a company in order to offset and managed for losses derived as a product of defaults from futures loans. The figure can be calculated through its historical norms or other given information about the debt's relative safety.
Also regarded as a "loss reserve."
A mortgage contract provision that permits the seller of a home to transfer the responsibility to the buyer of the home for its existing mortgage. ...
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Generally speaking, it is an incorrect or unsuitably match. In banking, it pertains to a situation in managing assets and liabilities. It happens w ...
Organic Reserve Replacement
It is the measure of reserves of a company by their own exploration and production, not by their purchase of reserves. When an oil company has a hi ...
Community Reinvestment Act - CRA
Act encouraging depository institutions to help meet credit needs of the community, specifically low and moderate income neighborhoods. Enacted in ...
Forex market (FX market) is an interbank currency exchange market. The term Forex is used for a currency interchange only, not for denoting all typ ...
Cross currency rates
Cross currency rate stands for pairs of currencies that do not include the U.S. dollar. Cross currency rate can also be called cross currency or si ...
Make the Most Out of Fintech
Aside from gaining popularity from individuals and business, technology has undeniably ventured into the field of finance as well. Although its ent ...
Downside of Investing in ETFs
An exchanged-traded fund has greater daily liquidity and lower rates unlike other investments, making it a great tool for diversification. But it h ...
Flashback Friday: FAQs about Opening a New Retirement Account
Since today is Friday, we will look back at some questions frequently asked about creating a new retirement account.
SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
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