STAPLE FINANCING
Staple financing is a financing package that are offered to bidders in an acquisition. The package is predetermined by the investment bank involved in the selling company. The details of the lending package such as loan covenants, lending fees, and the principal are typically stapled at the back of the acquisition term sheet thus the name.
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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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A Guide to Becoming a Finance Expert
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Retirement Planning: The Significance of Retirement
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