What is a 'Real Asset' Real assets are physical assets that have value due to their substance and properties. Real assets include precious metals, commodities, real estate, agricultural land, machinery and oil. They are appropriate for inclusion...
What is 'Reaffirmation' An agreement made between a debtor and a creditor to repay some or all of a debt. Reaffirmations are made on a purely voluntary basis by the debtor. The bankruptcy code stipulates that the...
What is a Rate-Improvement Mortgage
A rate-improvement mortgage is a type of home loan that offers a lower interest rate than the standard fixed-rate mortgage. The monthly payments are usually higher, but the overall cost of the loan is typically...
What is 'Real-Time Quote' This is the actual price of a security at that moment in time. Most prices of securities that are displayed on various websites are delayed quotes. These quotes are usually delayed from 15...
Roth IRA can be defined as a tax advantage retirement account. It is offered by the U.S. government. This account includes stocks, bonds, Certificate of Deposits, mutual funds and other investments. Although this account is similar to the standard...
Stock prices and index levels are constantly graphed on charts to get a sense of the highs, and the lows, as well as the emerging trends to assist the investors in making future decisions. Two of these points are...
What is a rain check and how can it be used
A rain check is a document that allows the bearer to purchase an item at a later date, typically at the same price. Rain checks are most often used...
What is the 'Razor-Razorblade Model' The razor-razorblade model is a business tactic involving the sale of dependent goods for different prices - one good is sold at a discount, while the second dependent good is sold at...
What is 'Ras Al Khaimah Investment Authority - RAKIA' An organization established under a 2005 decree issued by the ruler of Ras Al Khaimah in United Arab Emirates (UAE). RAKIA's vision is to become the leading authority...
DefinitionRamani Ayer is an Indian-American business executive, and the CEO and chairman of The Hartford from 1997 to 2009. Ramani Ayer What is 'Ramani Ayer' A former president and CEO of Hartford Financial Services. Ayer was born...