Term of the day

Term of the day

International Clearing System

A trading system that is employed when a futures contract deal is placed on an international level. The system is created to promote global trade and market effectiveness. Most foreign clearing transactions are regulated by an ...

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Financial Literacy
Financial Literacy
Supply and Demand in Economics
Supply and demand are the backbone of a market economy. Before switching to more complex aspects, you should get an insight into these fundamental concepts of economics. Supply Supply refers to the total amount of a product or service available to consumers.
Investment Instruments
Investment Instruments
A Background Peek on Priceline Group`s Operations
Utility is perhaps one of the most important terminologies in economics, as it cover the basic intention behind every transaction--to get a maximum level of satisfaction. Next in line would be conv enience, as a company that makes every financial activity effortless is bound to lure customers.
Money Smart
Money Smart
Last-Minute Retirement Checklist
We all want to retire peacefully where we can just relax and enjoy life. But as we get closer and closer to our golden years, are we all set for retirement? Here are some of the important things we should check before we retire Emergency Fund This concept is also applicable to retirement.
Taxation in Finance
Taxation in Finance
Filing Your Child`s 1st Income Tax Return
Parents have to make a lot of milestone decisions when their children enter adulthood in order to make their children independent and responsible. But there’s a particular milestone every par ent must face – filing the first income tax return under a child’s name.
For Beginners
For Beginners
Glossary. The Major Forex Market Terms.
Forex Foreign Exchange – a term meaning conversion operations – deals of currency market agents of exchanging the specified amounts of one country currency to another one at a negotiate d price for a certain date.
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