REAL ESTATE OPERATING COMPANY - REOC
A real estate operating company invests in real estate and its shares are traded in a public exchange. It is actually similar to real estate investment trust or REIT, except to the fact that an REOC reinvests its earnings to the business, instead of distributing them to unit holders like what REITs do.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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An Introduction to Stocks
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