SPOT DATE
Spot date is the day of settling a spot transaction computed from the ‘horizon’ or the initiated transaction date. In other words, funds are transferred and settled. Most currency pair in the forex market have their spot days two business days following the placing date of order.
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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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SEE FOREX TUTORIAL
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
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