DISTRESSED SALE
Situation in which property, stocks, or other assets have to be sold due to an urgent matter, frequently at a loss. It occurs when funds connected to the asset are needed as soon as possible. Its proceeds is often used to repay debts, medical costs, or emergencies.
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SPDA
Single-premium deferred annuity (SPDA) is a kind of annuity contract. It is established by the owner by making a single-lump payment. The annuity p ...
Timber Investment Management Organization - TIMO
Investment management group regulating forestry and timber investments on behalf of institutional investors. Acting as a broker for their clients, ...
Okun Gap
This macroeconomic term explains the condition when an economy's potential gross domestic product (GDP) varies from its actual gross domestic p ...
BOB - Bolivian Boliviano
Currency abbreviation for the Bolivian boliviano, the official currency of Bolivia. Introduced in 1864, the currency is comprised of 100 centavos.< ...
Martin S. Feldstein
An accomplished economic professor and economist, President Emeritus of the National Bureau of Economic Research (NBER), and John Bates Clark Medal ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
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