EUROPEAN CURRENCY UNIT - ECU
Shared single currency of the European Union member countries. Precursor to the euro, this was an artificial currency designed by the original EU member nations for internal accounting purposes in 1979.
Accounting method used for inventory trailing the last in, first out model. It uses all figures in dollar amounts, instead of the inventory units. ...
The total value of a leveraged position's assets. This term is commonly used in the options, futures and currency markets because a very small ...
Renewable Energy Certificate - REC
A certificate that is proof that one megawatt-hour (MWh) of electricity was generated from a renewable energy resource. Once the electricity provid ...
An agreement between a brokerage firm and its investor who seeks to open an options account. It is used to confirm the level of experience of an in ...
Volume Discount is a financial incentive given to individuals or businesses that purchase goods in large quantities or in bulk.
Reasons Why Stock Prices Plummet
Sometimes, stock prices decline, which often happens in stock markets around the world. There are various reasons as to why prices plunge, some of ...
Get Your Portfolio Ready For President Trump
The shocking victory of the GOP bet has surprised not just the public, but caused havoc within the market as well. Even before, figures have been f ...
Millennials` Daily Grind to Extend
The usual age for retirement has always been around 60-65 years old. Unfortunately, for today's youngsters, they might still be enduring the 8- ...
Finding Turnaround Stocks
Talk about slumping oil prices and degenerating Chinese economy. The two events continue to pull companies and markets down, specifically the energ ...
How Millennials Handle Money
More often than not, millennials are considered materialistic and spoiled. People believe this generation has a sense of entitlement. However, mill ...
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Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
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