DECK
The number of open orders that a broker is working with at any one time. A broker with a large deck must efficiently find buyers and sellers for securities or risk the orders not being filled and canceled. More experienced brokers can operate with larger open positions if they are certain in their ability to find counterparties. Brokers with a large deck may find holding too many orders to be inefficient because, as a floor trader, the broker must fill both buy and sell orders, meaning that the broker must deal with a number of parties at any one time.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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SEE FOREX TUTORIAL
Health Savings Account: Eligibility
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A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
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 ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
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A Guide to Your Personal Income Tax: Steps to Take before April 15
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