PORTFOLIO PUMPING
An illegal activity of bidding up the value of a fund’s holdings right before the end of a quarter, when the performance of the fund is measured. It is done through placing a large number of orders on existing holdings, that drives up the value of the fund.
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Uniform Premarital Agreement Act
Uniform Premarital Agreement Act is a law permitting parties of a premarital contract to select the jurisdiction where the contract will fall under ...
Commingled
In securities, combining customer-owned securities with brokerage’s own accounts. This is normally illegal.
Predator
A predator is a company with sufficient financial capability to easily bear the risks associated with acquiring other companies. Predators are cons ...
Net Acres
The amount of leased real estate that a petroleum and/or natural gas company has a true working interest in. Net acres express actual percentage in ...
Deposit In Transit
A deposit in transit is money that has been received by a company and sent to the bank, but which has not yet been processed and posted to the acco ...
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SEE FOREX TUTORIAL
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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 ...
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 ...
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 ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
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