SOFT CURRENCY
Soft currency is also referred to as ‘weak currency’. It is currency is a currency whose value is always fluctuating, swinging from gains and losses, as the nation of the currency undergo uncertainty due to politics or other economic factors. The currency is therefore unstable that’s why exchange dealers have the tendency to avoid it.
POPULAR TERMS
Broker of Record
Insurance agent assigned to represent and manage the entity’s insurance policy. The agent may receive copies of all communications to the pol ...
Foreign Branch Bank
A foreign bank obligated to follow the regulations of both the home and host countries.
B Share
It is a class under the multi-class mutual funds family. It is characterized by a back-end structure of load that is only paid when the funds are a ...
Average Annual Growth Rate - AAGR
It is the up or addition in the value of an investment in a year. Taking the arithmetic mean of the growth rate can determine the increase of the i ...
Matching Strategy
Acquiring investments by which its payouts will accord an individual or a firm’s liabilities. In this strategy, every investment portfolio is ...
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Retirement Planning: Creating a Nest Egg
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| 10:50 | PMI Services | Dec |
