COMPOUND PROBABILITY
Mathematical term relative to the possibility of two different events happening. It is equivalent to the probability of the first occurrence multiplied by the probability of the second occurrence. Insurance underwriters use this to evaluate risks and designate premiums to several insurance products.
POPULAR TERMS
Troubled Asset
Assets that are overpaid by banks including loans made to borrowers who can no longer fulfill their debt obligations. Often guaranteed by collatera ...
Assignable Contract
A futures contract that has a provision which allows the contract holder to bear his/her rights of assignment into a third party. This permits the ...
Warm Card
Warm Card is a type of ATM card through which an individual can have restricted access to a business account. Usually, this card only allows deposi ...
Shanghai Stock Exchange
The Shanghai Stock Exchange is the stock exchange of mainland China. It is by far, the largest stock exchange managed by the China Securities Regul ...
Clearing Fee
Fee a clearing house charges for its services. Often associated with futures trading, it include both brokerage fee and clearing fee.
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SEE FOREX TUTORIAL
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
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| 00:00 | FOMC Member Patrick T. Harker Speaks | ||
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