Legal right of an insurer to pursue a third party responsible for the loss of the insured. Reserved by most insurance carriers, it aims to recover the amount of claim paid to the insured.
Single-country fund is also referred to as ‘country fund’. It is a mutual fund which restricts the investments in it to the one country ...
High-growth firm increasing its revenues by at least 20% annually for four years or more, starting from at least $1 million revenue. The growth rat ...
A business term for predictions about future business conditions. Stockholders ask the company management about what they believe will happen in th ...
High Earners, Not Rich Yet - HENRYs
A word coined in a 2003 Fortune Magazine article that refers to a segment of families who earn between $250,000 and $500,000, but have not much lef ...
A prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from ...
Go-to Websites to Get Free Credit Reports
Credit Karma Credit Karma does not require credit card to check your credit reports. The scores come from Equifax and Tr ...
Jumpstart Your Digital Marketing Skills
Jumpstart Your Digital Marketing Skills In today’s age, traditional endorsement of a business is not enough, espec ...
Winning Tips for Gaining More Clients
According to Cerulli Associates, a Boston-based research firm specializing in global asset management and distribution analytics, the total number ...
What Makes the US Economy Tick?
After the 2008 Great Recession, the United States is progressing. But what really drives the American economy? Let’s take a look at the follo ...
Downside of Investing in ETFs
An exchanged-traded fund has greater daily liquidity and lower rates unlike other investments, making it a great tool for diversification. But it h ...
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Inflation and Investments
“How does inflation affect my investments?” Most investors ask this question, particul ...
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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