SUPER SINKER
Short-term bond with long-term coupons, which is most likely used in home financing that has a higher risk of bond prepayment. Bondholders receive the principal value of the property quickly if it is paid before maturity. It is suitable for investors looking for bonds with brief maturity but long-term interest rates.
POPULAR TERMS
Key Rate
A specific interest rate that decides bank lending rates and the credit cost for borrowers. Discount Rate and the Federal Funds rate are the two ke ...
Exclusive Listing
Formal agreement in a real estate transaction stating a real estate agent has the right to earn commission if a property is sold within an indicate ...
Punt
A unit of currency used in Ireland until 2002. It was introduced in 1928 and was pegged (one for one) to the British pound sterling. In 1979, the p ...
Quarterly Earnings Report
Public companies file a report of their performance quarterly. It includes earning reports such as their net income, net sales, earnings per share ...
Overfunded Pension Plan
It is a company retirement plan that has more assets than liabilities. Basically, there is a surplus amount of money needed to cover current and fu ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
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 ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
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