RIGHT OF FORECLOSURE
It refers to the ability of a lender to take possession of the property used to secure the loan it provided if the borrower defaults.
POPULAR TERMS
Shovel Ready
Shovel Ready is a term that characterizes a project that is advanced in the development stage. It basically means that it’s past the planning ...
DKK
Currency abbreviation for the Danish krone (crown), the official currency of Denmark, a Nordic country in Northern Europe. Introduced in 1873, the ...
Constant Yield Method
Method of calculating the accrued discount of bonds trading in the secondary market. Although it normally leads to a lesser accrual of discount, th ...
Jürgen Dormann
Former Chairman and Chief Executive Officer of ABB, a Zurich-based engineering company. ABB was dealing with asbestos lawsuits and an economic down ...
Affirmative Action
A policy wherein an individual's nationality, sex, race, or color are given consideration by the government or business to provide additional o ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
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