QUID PRO QUO
A Latin term which means "something for something". The term is commonly used to describe an agreement between two parties, where each party offers goods or services in return for goods or services.
Usury is the act of lending money which has an interest rate that might be regarded by the general market as unreasonably high and more often than ...
Interest rate enabled to fluctuate but cannot go higher than the set interest cap. These are supposed to give the borrower a hybrid of fixed and va ...
A federal tax credit which may be claimed by the federal taxpayers who acquire qualifying expenses, such as court costs, attorney fees, travel fees ...
Company owned and operated by individual that is socially or economically disadvantaged. Such firms are qualified for financial assistance, mentori ...
Secular is an adjective used in the financial field as description for a long-term time frame such as 10 years. Secular trends litter the market as ...
Process of Making A New Financial Product
Curious on how a financial product is created? Let ForexPedia teach you the ways. Step 1: Conceptualize ...
Fill Your Wallets This Christmas
It is true that the holiday season is a time for relaxation and spending time with family and friends. However, it is also known as a time when exp ...
Taking Charge of Your Insurance Terms
In case of accidents and other unwanted occurrences, agreement among parties regarding insurance settlements always stretch longer than it should, ...
ETF Investing: Active or Passive?
An exchange-traded fund (ETF) is a security tracking a basket of assets, a commodity, bonds, or indexes. Available in hundreds of varieties, ETFs o ...
Assimilating an Emerging Market Economy
What is an emerging market economy (EME)? The term, coined by World Bank’s Antoine W. Van Agtmael in 1981, pertains to economies wi ...
SEE FOREX TUTORIAL
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: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible? Before anything else, one h ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
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