Term of the day
Adjusted Gross Estate
The net worth of the estate owned by a deceased after the administrative costs and outstanding debts associated with the individual are deducted. Also, the adjusted gross estate is the value wherein the taxes of the estate are ...
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A psychological trap that leads people to make irrational choices when making spending decisions. The relativity trap is often exploited by savvy m ...
The UK government was forced to pull out the sterling from the European Union’s exchange rate mechanism on September 16, 1992. Five years lat ...
Cash and Cash Equivalents - CCE
Company assets, stated in its balance sheet, which are in cash form or can easily be converted into cash.
Individual or company other than the principals that is part of a arrangement or transaction. Frequently, this party has lesser interest in the dea ...
Retirement Method of Depreciation
An accounting procedure in which an asset is expensed for depreciation purposes only when it is removed from service instead of allocating its cost ...
New Year`s Resolution: Relax and Invest
If you were too stressed or lenient with your investments last year, it’s high time to change your habit or mindset when it comes to investing. Rekindle your relationship with derivatives and numbers, bolster your trading plan, and be comfortable with investing.
Finance for Individuals
Investing 101: Psychological Traps for Investors
Investing is beyond numbers. It also encompasses the market participants – the investors. Behavioral finance analyzes how people affect the figures within the market. Before revealing the psy chological traps for investors, let us discuss behavioral finance.
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