EBITDA TO FIXED CHARGES
Ratio gauging the firm’s capacity to incur more debt or ability to pay off existing debt. It is normally gauged as EBITDA over fixed charges over a trailing four-quarter period. In this ratio, fixed ratio pertains to interest costs but the ratio has many variations.
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Front-End Ratio
A ratio that indicates what portion of an individual's income is used to make mortgage payments. It is calculated as an individual's monthl ...
Segregated Fund
Segregated Fund is a kind of pool investment. There is high similarities between a segregated fund and a mutual fund however there are discrepancie ...
Mortgage Suitability
Standard where mortgage lenders can follow when steering consumers to a mortgage loan. Lenders would be liable for directing consumers toward a not ...
Expunge
Action destroying any AUTEX indication record. Removing an indication will permanently delete a trail of an investor’s advertisement for a bl ...
Canada Education Savings Grant - CESG
An approval from the Canadian Government paid straight into a beneficiary's Registered Education Savings Plan (RESP). It provides 20% to the fi ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
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 ...
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 ...
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