ZOMBIE BANK
Zombie Bank refers to a bank or any financial institution that has a net worth below zero. It usually has a lot of non-performing assets on its balance sheet, thus making future earnings difficult to gauge. However, despite having a negative net worth, a zombie bank still manages to operate due to government backings. These backings or bailouts allow such bank to escape bankruptcy and continue to meet debt obligations.
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Yankee Market
Yankee Market is a slang term referring to a US stock market.
Bill Of Lading
A document between the shipper and the carrier telling the type, quantity and destination of the good being carried. It also serves as a receipt of ...
Empirical Probability
Probability anchored on certain events happening, computed using collected empirical evidence. It is closely connected to the relative frequency in ...
Freeganism
Freeganism is a lifestyle philosophy focused on adopting alternative means to satisfy needs in order to minimize dependence on what is termed the & ...
Controlling Interest
High enough ownership percentage to impose changes or have legal control in a company. A single shareholder or a group of shareholder owns more tha ...
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SEE FOREX TUTORIAL
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
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