ZONE OF POSSIBLE AGREEMENT
Zone of Possible Agreement refers to a common ground where two or more parties under negotiation finally meet. This is the point in a transaction where the parties involved reach an agreement and strike a deal.
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Sports Illustrated Swimsuit Issue Indicator
Sports Illustrated Swimsuit Issue Indicator is the belief that the performance of the stock market may be indicated based on the nationality of the ...
Investing technique in which an investor allocates 90% of the investment capital in interest-bearing instruments with lower risk level, and 10% in ...
Scheduled Recast is rechecking the computation of the remaining schedule of a mortgage set to be done at a date agreed upon and known prior. Mortga ...
Shared Equity Finance Agreements
Shared Equity Finance Agreements is when two parties share the purchase of a primary residence. In the agreement the stronger party, in the case of ...
Get to Know the Financial Regulators in the US
Federal Reserve Board. A product of the Federal Reserve Act in 1913, the institution is accountable for money, overall credit cond ...
Best Things to Do in Retirement
Retirement is fast approaching. The days of waking up very early, going to work, taking care of the family, and saving for this are about to end. Y ...
Are You Ready to Retire?
Is your retirement on course? Look at the following indicators to determine if you are well prepared to retire:
Your Guide to Managing Funds After College
Your Guide to Managing Funds After College What could be more exciting for someone in his/her early 20s than going ...
Can Investors Depend on Commodity Funds?
In essence, commodity funds invest in various agricultural products such as oil, gold, corn, or livestock. Some commodity funds invest in futures, ...
SEE FOREX TUTORIAL
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
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