Term of the day
Short Covering is the buying back of securities for the purpose of closing an open short position. Short covering means buying back the exact same securities that was sold short initially. This is allowed because the short-sale ...
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Situation in which a broker splits an order for securities into smaller buy or sell orders. For some securities, smaller orders are easier to be ex ...
Interest incurred for personal loans, automobile loans, and consumer credit. It entails all types of nondeductible interest consumers must pay. ...
Asset Value Per Share
The whole value of an investment fund divided by its number of shares outstanding. This kind of asset value per share, most often, is regarded as & ...
National Credit Union Association or NCUA is equal to the Federal Deposit Insurance Corporation. The only difference is that, the NCUA deals with c ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
Finance for Individuals
Flashback Friday: Fallacies Regarding Personal Bankruptcy
We have heard lots of misbeliefs about a person’s declaration of bankruptcy. Let’s debunk the myths one by one in today’s Flashback Friday edition of ForexPedia. < /p> House and Car Will Be Seized There are two kinds of filings in bankruptcy: Chapter 7 and Chapter 13.
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
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