CASH-OR-NOTHING CALL
Exotic option in which the payoff is a fixed amount should the underlying asset hits (American options) or surpass (European option) the strike price. If not, it is set to zero. This is considered a binary or digital option since the payout is either fixed or none at all.
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Confining Condition
Adverse illness confining an individual to his home or at a medical facility. It accounts the individual and family records of historic confining c ...
Positive Correlation
A relationship between two variables in which both variables move in tandem. A positive correlation exists when as one variable decreases, the othe ...
Profit-Sharing Plan
This plan gives employees a share in the company’s profits. Each employee gets a percentage of those profits based on the earnings of the com ...
Random Walk Theory
A theory stating that securities or market prices are random and not influenced by previous events. This theory is also known as the "weak for ...
Expectations Theory
Hypothesis implying long-term interest rates holds a postulation of future short-term interest rates. It presumes an individual would generate the ...
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SEE FOREX TUTORIAL
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
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 ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
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