It is when a person refuses to fulfill any contractual obligations or pay a charge.
Slang term for high-risk, illiquid securities due to some provisions or risks beneath it.
Individual or company other than the principals that is part of a arrangement or transaction. Frequently, this party has lesser interest in the dea ...
Capital Loss Carryover
The net value of capital losses that aren't able to deduct for the latest tax year but is possible to be resumed into next tax years. Net capit ...
Employment Act of 1946
Legislation act outlining the responsibility of maintaining a high employment level of labor and price stability. Enacted by the US Congress, the t ...
Option beneath another option. It gives opportunity to buy or sell an option, hence having two strike prices and two exercise dates. This option ha ...
Handle Your Stock Options Right
There are two types of stock options, with varying rules and tax issues: Incentive stock options and non-qualified stock options: An ISO ...
Challenges Faced by Small Enterprises
“Problems are inevitable. Misery is a choice.” ― Ann Landers Operating a small business goes beyond ...
Five Factors to Consider in a Health Insurance
Nobody wants to get sick or hurt, right? You’ve always wanted to be protected from any health and financial risk, but you simply ignore the t ...
Are You Ready to Retire?
Is your retirement on course? Look at the following indicators to determine if you are well prepared to retire:
Advising 101: Make Your Newsletters More Appealing
Since the field of financial advising is shifting towards the digital platform, it is always a good idea to boost your marketing strategy and tweak ...
SEE FOREX TUTORIAL
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
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