SEED CAPITAL
Seed Capital is the starting capital used for a new business which more often than not comes straight from the wallets or the personal assets of the founder of the business. In general, seed capitals tend to be small in amount attributed to the fact that the business is new and is understandably still in the conceptual stage or pre-revenue stage. Seed Capitals are usually spent more in the research, the development, and the coverage for the initial operating expenses until the business begins yielding profit and sometimes appeal to venture capitalists.
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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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