SMITHSONIAN AGREEMENT
The Smithsonian Agreement is the agreement that re-established an international system of fixed rates excluding the backing of gold or silver. It was established in 1971 and agreed upon by ten countries to end the Bretton Woods Agreement exchange rate system. The Smithsonian Agreement enabled the devaluation of the US dollar.
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Active Return
The percentage loss or gain of investment associated to the benchmark of the investment. An active-return is the result when the actual return and ...
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 ...
Stop Hunting
Investing technique forcing some market participants to get out of their positions by pushing the asset’s price to a level which triggers man ...
Consumer Theory
Study stating how individuals spend their money given their budget constraints and preferences. The theory demonstrates the individuals’ choi ...
SEC Form N-14
SEC Form N-14 is also referred to as the Registration Statement Under the Securities Act of 1933. This means that SEC Form N-14 is a filing whose p ...
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SEE FOREX TUTORIAL
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
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