SPUD
Spud is also known as ‘spudding in.’ In the field of oil and gas, it is the process of initiating well drilling. At first, a large drill bit creates a surface hole and then it is lined with casing and cement as a protection for the groundwater. Following the completion of the surface hole, the main drill bit is used to reach the intended well depth.
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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
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
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 ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
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