NIGERIAN SCAM
A type of mail and email that tries to have people sends money or disclosed banking account details based on false pretenses. Mails usually imply that someone has inherited a large sum of money and needs assistance in acquiring the funds. Those who fall for the scam will send the money requested and never see their money again. Most of the people who do this kind of fraud are located in Africa.
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Accumulation Area
A price where the investors purchase shares of a particular stock. It is usually determined by the looks of the volume and its price. Some analysts ...
SEC Form DEF13E3
SEC Form DEF13E3 is a form which is used as an initial preliminary statement for a company or affiliate that is turning private. “Going priva ...
Transaction
1. Deal between a buyer and a seller to exchange a product, service, or financial instrument.
2. In accounting, an event or condition aff ...
IRS Publication 596
A document that gives information on the earned income credit (EIC) offered to individuals who earn below $51,567. To be eligible to receive EIC, a ...
Depository Trust Company Tracking - DTCT
A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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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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Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
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