PRUDENT-PERSON RULE
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservation of capital might buy for his or her own portfolio. It is also known as the "prudent man rule".
POPULAR TERMS
Hedge Clause
A disclaimer found in financial documents that protects authors of financial reports from liability for errors within the report.
8-a Firm
Company owned and operated by individual that is socially or economically disadvantaged. Such firms are qualified for financial assistance, mentori ...
Credit Cliff
Slang term for compounding a firm’s credit deterioration due to provisions such as financial covenants, or events that ignites a change in it ...
Default Judgment
A binding judgment issued by a court in favor of the plaintiff when the defendant fails to respond to a court summons or fails to appear in court. ...
Upstream Guarantee
Upstream Guarantee is a contingent liability on a the financial statements of a subsidiary. In this contingent liability, the subsidiary guarantees ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jun | |
| 06:30 | Tertiary Industry Index | Jun | |
| 09:00 | Fixed Asset Investment | Jul | |
| 09:00 | Industrial production | Jul | |
| 09:00 | Retail Sales | Jul | |
| 09:00 | Unemployment Rate | Jul | |
| 09:00 | NBS Press Conference | ||
| 14:30 | Consumer Price Index | Jul | |
| 14:30 | Consumer Price Index Core | Jul |
