BROKERAGE ACCOUNT
Account of an investor to a licensed brokerage firm , allowing the latter to deposit funds with the broker and enter investment orders through the brokerage. The firm then carries out these orders on behalf of the investor. The investor owns the assets in that account, and any capital gains must be declared as income.
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Lakshmi Mittal
An Indian steel magnate based in London and one of the wealthiest billionaires in the world. He is the President, Chairman, and Chief Executive Off ...
Countermand
Cancellation, revocation, or reversal of an order previously issued. In finance, it is specifically applicable to payments, which means a customer ...
Checkbook
Folder or booklet containing preprinted paper instruments issued to checking account holders, which is used to pay for products and/or services. It ...
Rent-A-Crowd
A group of people rented to make a business appear busy. This strategy is often used during grand openings of new businesses to give the appearance ...
Kiasu
A person is anxious of losing out to someone else. It is a traditional Chinese word that means “scared to lose” but is well-known in Si ...
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