Individual who receives a benefit from the completion of the contract although he is not considered an actual party in the contract. It also refers to a third party benefiting from a donation or gift. Also called third party beneficiary.
China Credit Information Service - CCIS
One of chief credit informational agencies based in Taiwan. It offers credit rating services in the entire country and the Chinese mainland, as wel ...
Hard Money Loan
A short-term loan that uses the real property’s value owned by the borrower as its collateral.
An entity purchasing Treasury securities at auction for a house account rather than on behalf of another party. Direct bidders include primary deal ...
Compulsory Convertible Debenture - CCD
Convertible security in which the entire value of the debenture must be converted into equity at a specific time. When the debenture is issued, the ...
It is a nickname that is given to the companies that would have formed hypothetically if the Microsoft Corporation has been broken up by the Depart ...
Pros and Cons of College Dormitories
Upon reaching the age of majority, many individuals are looking forward to college life. Being the first step towards independence, students want t ...
10 Strangest Banking Phrases
Every industry has its own unique language that the use in communicating with their fellows. Same thing with banking and finance, which comes up wi ...
Are You Ready to Retire?
Is your retirement on course? Look at the following indicators to determine if you are well prepared to retire:
Master’s Degree or Work Experience?
Which is more valuable: master’s degree or work experience? Many Americans face this dilemma after graduating from college. For som ...
Best Mutual Funds of 2015
What sets apart mutual fund from other investment vehicles? Asset diversification. The fund may not generate hefty returns, but it can minimize los ...
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 ...
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 ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
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