STUB
Balance kept in a check or receipt for record keeping or serving as a proof of payment. In securities, it refers to a residual security left after being secluded from the parent security. It may also pertain to a stock created from converting a firm’s bonds under distressed situations including bankruptcy or recapitalization.
POPULAR TERMS
Securitize
Securitize is a marketed mix of financial assets pooled together, creating a whole new security. The basis of the value and cash flow of the securi ...
Offering Circular
This permits investors to access information about a new issue. It gives them important highlights without them reading the long-form prospectus. W ...
Free On Board - FOB
A term that requires the seller to deliver goods on board a vessel designated by the buyer. The seller fulfills its obligations to deliver when the ...
Large Cap - Big Cap
Refers to companies who have at least $10 billion market capitalization value. This is an abbreviation of “large market capitalization” ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
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SEE FOREX TUTORIAL
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
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 ...
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