REFUNDING
Refunding is the process of redeeming or retiring an outstanding bond issue at maturity by using the proceeds from the new debt issue. The new issue is always issued at a lower interest rate than the refunded issue, guaranteeing a significant reduction in the interest expense for the issuer.
POPULAR TERMS
Passive ETF
Passive ETFs are one of the two kinds of exchange-traded funds or ETFs offered to investors. These are index funds that track a particular standard ...
Donchian Channels
Moving average indicator stating the highest high and lowest low of a security over the last time period. Armenian-American commodities and futures ...
Basel III
An absolute set of standards created to develop the rules, supervision and risk management inside the banking sector. In late 2009, the first ...
IRS Publication 509: Tax Calendars
A publication by the Internal Revenue Service (IRS) that provides a section on using tax calendars, types of tax calendars, a table that shows the ...
Optionable Stock
A stock where listed options are being traded.
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SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
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 ...
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
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 ...
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