JOURNAL
- Short for journal in finance. it is where an individual investor or professional manager log details of trades that happen in the investor’s own accounts used for tax, evaluation, and auditing.
- An accounting record where business transactions are entered. It details financial transactions occurred, transaction date, account(s) affected, and amounts, normally in a double-entry bookkeeping manner. These can be used for reconciling and transferring to other official accounting records such as general ledger in the future.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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