AGGREGATE LEVEL COST METHOD
An actuarial cost method that aims to allocate and match the benefit and cost of a pension plan over the lifespan of the plan. The aggregate level cost method commonly gets the current value of benefits and deducts it with the asset value and distribute the extra amount over the participants' future payroll.
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Oil Price to Natural Gas Ratio
It is a mathematical ratio which compares the prices of natural gas and crude oil. In the oil price to natural gas ratio formula, the oil price is ...
Budget Control Act - BCA
Federal statute, signed into law by US President Barack Obama, which was enacted in response to the Debt Ceiling Crisis in 2011. The Act seeks to i ...
Medicare Doughnut Hole
The range of total prescription drug spending in the Medicare Part D program where all of the costs must be covered from the participants’ ow ...
Proprietary Trading
Proprietary trading is when a firm trades for direct gain instead of commission dollars. The firm has essentially decided to profit from the market ...
Common Law Property
System used in determining property ownership owned during marriage. The property purchased by one spouse belongs solely to that individual while p ...
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SEE FOREX TUTORIAL
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
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