An investment trust that holds income-producing investments. It attempts to hold assets which will yield a stable income such as lease payments from an office building, and will be passed on to investors.
This service is one of the electronic filings options available to Canadians, to transfer their tax returns to Canada Revenue Agency or CRA. It is ...
Range Forward Contract
Range forward contract uses a range of exchange rates instead of using only a single rate. It is constructed to give full protection against opposi ...
This is the required minimum amount of cash in order to operate a bank.
Truck Tonnage Index
Index trailing the monthly gross tonnage of freight transported by motor carriers. It serves as an indicator of shipping activity in the United Sta ...
Benefit Expense Ratio
Metric used in health insurance. It is done by dividing a company’s cost in providing health services by revenues.
Fundamentals of Asset Distribution
Given a wide variety of stocks, bonds, and mutual funds to choose from, even the most experienced investor can make mistakes at times. However, the ...
Advising Industry: Increase Your Appeal to Millennials
Like most markets, the financial advising sector is targeting the generation Y for their future team members, especially since this population alre ...
Other Ways to Enhance Career
Attaining a master’s degree is one of the best ways to achieve your professional goals. But do you know that there are other ways to take you ...
Retirement Planning of Gen Xers
The Generation X, the people born between 1965 and 1980, has a different perspective when it comes to retirement planning. For them, golden year ma ...
Outside-the-Classroom Lessons on Finance
So you think you are fully equipped with every bit of knowledge you need because you just completed your classes on personal finance. You know the ...
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Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
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 ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
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