OFFLINE DEBIT CARD
An offline debit card often has a daily maximum limit. If not, the maximum amount is based on funds held in the underlying bank account. Since this card is offline, the bank account is not directly accessed, which means there is a delay from 24 to 72 hours before the amount of purchase is debited from an account.
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Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
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