COMPETITIVE BID OPTION
Commercial loan syndication in which banks submit competing bids on a loan. The winning bank can also sell part of its ownership to other parties. The borrower has several banks to choose from. Needless to say, they generally pick the lender with lowest rates and/or fees. Most of the time, the leading bank allocates most of its actual loan balance to other lends then keeps the remaining portion of the loan for itself.
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MSCI BRIC Index
An index which measures the equity market performance of the emerging market indexes of Brazil, China, India, and Russia. One of MSCI's Regiona ...
Stock Market Crash
Rapid and precipitous decline in stock prices or economic conditions, which can be the result of collapse of long-term speculative bubble, economic ...
Overhead Ratio
A comparison of operating expenses and total income that is not directly related to the production of a good or service. A firm's operating exp ...
European Financial Stablisation Mechanism - EFSM
Permanent fund created to provide financial assistance to EU member states in times of financial difficulties. In essence, it generates money throu ...
Alston D. Correll
CEO and chairman of Georgia Pacific, an ATlanta based paper and building material manufacturers. He joined the company in 1988 and become the COO a ...
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SEE FOREX TUTORIAL
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
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 Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
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