SILVER ETF
The silver ETF is an exchange-traded fund whose investments are composed of primarily raw silver assets. It is held by a fund manager or custodian in a trust fund that is usually established as grantor trusts where the representative shares are silvers measured in ounces. The purpose of silver ETFs is to keep track of the silver’s spot price in the open market as accurately as possible.
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Tax Court
Specialized court of the law handling and adjudicating tax disputes and issues. In the United States, the Congress has established a federal court ...
Accrual Swap
An interest rate swap which a counterparty pays reference rate, it is usually a three to six month of LIBOR.
Key Rate
A specific interest rate that decides bank lending rates and the credit cost for borrowers. Discount Rate and the Federal Funds rate are the two ke ...
Alternative Order
A mandate of an investor to buy or sell stock using a first come first served basis policy. It is also called the one cancels the other orders. ...
Catalog of Federal Domestic Assistance – CFDA
Government-wide compendium of Federal assistance programs, projects, activities, and services, which offers financial and nonfinancial assistance o ...
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