COMPENSATORY DAMAGES
Amount of money awarded to a plaintiff or his beneficiary to compensate for the damage, injury, or loss. Such compensations are awarded in civil court cases where loss occurred due to another party’s negligence or unlawful conduct. To receive this, the victim must prove the loss has occurred and if it should be attributed to the defendant. Also, he has to quantify the amount of loss before a jury or judge.
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Mad Hatter
A leader or managerial team who makes impulsive or unusual decisions. Usually a CEO, a mad hatter will frequently make puzzling decisions, which ma ...
Frozen Account
A bank account from which no funds may be withdrawn or purchases that may be charged. A frozen account may occur when the account holder fails to p ...
Foreclosure Action
The legal proceedings done by a lender in the cast of mortgage default. Foreclosure action is the actual filing of and carrying through of the fore ...
United States Dollar
The USD (United States Dollar) is the abbreviation for the currency of the United States of America. The United States dollar is equivalent to 100 ...
Property Dividend
A substitute to cash or stock dividends. It may either include shares of a subsidiary company or physical assets such as inventories that a company ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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