LINKED SAVINGS ACCOUNT
Any classification of bank savings account that is connected in an account number to a Negotiable Order of Withdrawal (NOW) or a checking account. Banks offer this service for the convenience of their clients who can secure most of their funds in the savings account and transfer money in a demand account, as needed. Customers are also given the privilege to a reduced service fees or free checking.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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SEE FOREX TUTORIAL
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Students, How Much Can You Afford to Borrow?
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A Guide to Your Personal Income Tax: Steps to Take before April 15
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Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
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