DEPOSITORY TRUST COMPANY - DTC
DTC is one of the largest securities depositories in the world. It was established in 1973 and is organized as a limited purpose trust company and provides safekeeping through electronic recordkeeping of securities balances.
American Institute of Banking - AIB
The American Institute of Banking (AIB) was founded in 1907 and they provide education and training to the banking industry. There are more likely ...
True Interest Cost - TIC
Total annual cost relative to obtaining a loan including all ancillary fees and charges such as finance charges, term insurance, late fees, discoun ...
This slang term is usually used by venture capitalists. Pre-money valuation refers to the value of stock of a company before it goes public.
Secured Creditor is any lender or creditor that gets the collateral for the extension of a loan or credit. The most famous secured creditors in the ...
A situation where an investor has more long positions than short positions in a given market, asset, portfolio or trading strategy. An investor who ...
Frequently Asked Questions on Budgeting
Budgeting is a good practice in personal finance, but doing so may be tricky - or confusing. Despite its negative connotations, this will clear an ...
Rates are Increasing... Consider these ETFs
Federal Reserve Chair Janet Yellen, who is confident about the outlook for the US economic growth, implies waiting too long to raise interest rates ...
Splurging When Times Are Good
“Americans spend all or most of their income on things that have little or no lasting value.” – Thomas Stanley, The Millionai ...
High Rates: Investment Benefits and Losses
In December last year, the Federal Open Market Committee has hiked interest rates and have raised them again the previous month. Moreover, Fed' ...
Securing Mortgage Pre-approval? Submit These Documents!
Thinking of securing a mortgage pre-approval? Read this. Every lender requires different documents for mortgage pre-approval, depending o ...
SEE FOREX TUTORIAL
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
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. Emotional Attachments. You&rs ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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 ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
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|11:30||FOMC Member Randal K. Quarles Speaks|