PRINCIPAL ONLY STRIPS - PO
A fixed-income security in which the holder may only receive regular cash flows that are derived from incoming principal repayments on an underlying loan pool. The loan is often a pool of mortgages in the form of a mortgage-backed security (MBS).
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Skimming
Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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Digesting Financial Statements: Introduction
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Featured Investment: Annuity
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Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
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