JOINT ACCOUNT
A bank or brokerage account held by two or more individuals. Most of the time, this account is used between relatives, couples, or business partners with a certain degree of familiarity and trust for each other. This account normally permits anyone named on the account to access funds within it. All members of a joint bank or brokerage account are responsible for any liabilities in relation to the account. This is a good option for two or more persons who share the common financial goals or interests.
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GMD
ISO 4217 abbreviation for Gambian dalasi, official currency of Gambia. Introduced in 1971, it replaced the former national currency, the Gambian po ...
Breakeven Tax Rate
Tax rate that is neither profitable nor unprofitable for an individual, company, or institution to engage in a certain transaction. It refers to a ...
Beating The Gun
An informal and casual phrase used when an investor buys or sells a security at an advantageous amount by conducting a trade ahead of the market&rs ...
Consumer Debt
Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
American Recovery and Reinvestment Act
It is an act that was signed in February 2009 by US President Barack Obama. This act was initiated to respond to the country’s weak economic ...
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Starting Your Own Small Business: Financing a Business
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