SERIAL BOND
Serial Bond is a kind of bond issue. It is where a portion of the outstanding bond matures at regular intervals until all portions and thus the bonds have matured completely. Serial bonds are utilized for the finance of different kinds of projects that generate a regular, level or predictable income streams as the portions gradually mature over a period of years. Serial bonds may be also used to finance projects that have regular, debt payments namely residential developments and other projects.
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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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