It is a small but sharp increase in business in a particular region over a certain period of time. A boomlet can be regarded as a mini-boom. A boomlet may be a smaller or less enduring trend when compared to a traditional boom.
The risk that a scheduled future periodic payments of a loan may increase significantly, such as in increase of 40 to 100 percent or more.
Relative value is a method of determining the value of an asset that takes into account the value of similar assets.
Current Index Value
Most recently published interest rate used to determine the current payment index of an adjustable-rate mortgage (ARM). In the United States, the m ...
Ratio at which a currency can be converted for another. Also called exchange rate.
Abbreviation of the British pound sterling, the official currency of the United Kingdom. Zimbabwe also uses this currency. It is made up of 100 pen ...
Overcoming Budget Obstacles
Many often associate budgeting as a headache--something that people stay up at night for, armed with a calculator and a pen. Contrary to this, the ...
Negative Interest Rates’ Impact on Currencies
Years ago, a massive financial conflict saw the remarkable drop of interest rates globally, which had a hard time recovering due to the sluggish ec ...
Four Elements of Stock Investing
Stock investing has four set of fundamental elements, which is used by investors to dissect a stock’s worth. What are these elements? ...
Most Common Funds in Retirement Plans
Mutual funds are one of best investment choices in retirement plans because of easier diversification. Choosing a mutual fund depends on the indivi ...
Securing Long-Term Care
In most cases, long-term care costs increase faster than inflation. Providers often bundle their services together, making it more difficult for co ...
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Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders. < ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
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 ...
Inflation and Investments
“How does inflation affect my investments?” Most investors ask this question, particul ...
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