DOP
Currency abbreviation for the peso oro, Dominican Republic’s lone official legal currency. The currency is comprised of 100 centavos and is presented with $ or RD$. Introduced in 1937 at par with the US dollar, it was used in conjunction with the US dollar until 1947.
POPULAR TERMS
Relative Return
It refers to the return that an asset achieves in a period of time compared to a benchmark. It is the difference between the absolute return achiev ...
Sergey Brin
Sergey Brin is the co-founder of the web giant Google along with Larry Page. Sergey was born in Moscow Russia on 1973. At the age of six, he and hi ...
Repatriation
It is the process of converting a foreign currency into the currency of one’s own country. The amount that an investor will receive depends o ...
Stabilization Policy
Stabilization policy is a macroeconomic strategy whose primary purpose is to maintain stable economic growth. It was enacted by governments and cen ...
Price-to-Rent Ratio
A mathematical calculation utilized in the Trulia Rent Vs. Buy Index that compares the totals costs of homeownership with the total cost of renting ...
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SEE FOREX TUTORIAL
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
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 ...
An Introduction to Ethical Investing
Ethical investing is, simply put, investing while taking into consideration your personal beliefs or your ethics. Because it is personal, it means ...
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