Term of the day
Nano Cap
Nano cap is a company with relatively small market capitalization below $50 million. Investors who are interested in investing to a nano cap company should be reminded that small firms have a very high risk of failure.
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Transportation Bond
Fixed-income obligations used in financing public transportation systems including bridges, cargo ports, highways, and public transit. It may also ...
Stipend
Predetermined amount of money given regularly to help an individual offset his expenses. These are frequently provided to those who are ineligible ...
RICS House Price Balance
An indicator of the expected monthly change in house prices in the United Kingdom, published by the Royal Institution of Chartered Surveyors (RICS) ...
Combination Loan
Transaction comprised of two separate loans with the same borrower by the same lender. The initial loan is us ...
Beneficial Owner
He or she receives the benefits of an ownership even if the title is in another name.
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