This type of stock is sold for less than a dollar per share. Most penny stocks have only a few million dollars in net tangible assets and have a short operating history.
Overcollateralization - OC
A condition in which the asset pledged for a debt far exceeds the debt principal.
A financial institution’s cash flow management. The manager needs to ensure that the maturity schedules of the deposits coincide with the dem ...
Indirect dealer lending or financing in which the borrower acquires installment sale contracts from the dealer. Used by banks or other third partie ...
A property exchange in which the replacement property is acquired first, and then the current property is traded away. A reverse exchange was creat ...
Fair Credit Billing Act - FCBA
The U.S. federal law that protects consumers from unfair credit billing practices. FCBA provide guidelines for both consumers and creditors.
Get to Know the Determinants of Exchange Rates
Get to Know the Determinants of Exchange Rates Aside from being the most watched movement in the market, the rate of exc ...
New Investing Habits for 2017
Aside from jotting down a resolution to start fresh by next year, another important consideration is taking a review of your investments. Have you ...
Flashback Friday: Registered Investment Advisor
What does it take to become an RIA? Let today’s Flashback Friday edition guide you through the process. An RIA per ...
Same Products, Different Prices Around the World
Have you ever wondered why some products that are the same in content, package, and size have various prices from place to place? For example, ...
The Socially Responsible Mutual Funds
At times, people tend to believe they need to use some unscrupulous means to generate gains in their investment portfolio. For them, doing good whi ...
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Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
Student Loans: Consolidating Private Loans
Fixed interest rates. That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
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