PAY/COLLECT
It refers to the payment/collection of funds between clearing members and their clearing houses.
POPULAR TERMS
100% Mortgage
Mortgage loan in which the borrower receives an amount of loan which is equal to the property’s total value to be acquired. The borrower need ...
Preference Shares
These are company stocks with dividends that are paid to the shareholders before common stock dividends are paid out. In case the company goes bank ...
Subprime Borrower
Individual with poor credit rating and limited credit history. Normally, these borrowers only qualify for mortgages with higher interest rates and ...
Nasdaq Intermarket
An electronic marketplace in which the National Association of Securities Dealer (NASD) members may execute trades, communicate, and accept quotati ...
Sector ETF
Sector ETF is the investment in a certain sector’s stocks and securities by a class of exchange-traded fund. Sector ETF is commonly recognize ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
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 ...
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