PROBABLE RESERVES
After an oil exploration firm conducts a seismic survey of a piece of land, it obtains the proven and probable reserves in that area. Probable reserves are those which have a 50% chance of being present. For example if an oil company believes that there is decent chance of a successful drilling operation, they would classify those reserves as "probable."
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USDX
U.S. Dollar Index (USDX) is a measure of the value of the U.S. dollar in relation to the majority of its most important trading partners.
Capacity Management
The operations of the capacity of a company’s resources, such as its inventory, technology and equipment, manufacturing and office space, raw ...
Owner Financing
When a buyer finances the purchase straight through the person selling it. This often happens when the prospective buyer can’t obtain funding ...
Compound Option
Option beneath another option. It gives opportunity to buy or sell an option, hence having two strike prices and two exercise dates. This option ha ...
Form 1120S
A tax document used to report the income, losses and dividends of S corporation shareholders; it is an S corporation's tax return. Form 1120S i ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
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 ...
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
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