Tag: finance

The grouping together of financial assets like cash equivalents, bonds, stocks and their counterparts whether they are closed fund or exchange related is known...

DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...

What is depreciation and how does it work Depreciation is an accounting method used to spread the cost of a long-term asset over its useful...

The amount of money that a company generates during a specific time period is called as ‘earnings’. This amount of money, to put it...

What is a 'Range' The difference between the low and high prices for a security or index over a specific time period....

What does 'Underlying' mean Underlying, in equities, is the common stock that must be delivered when a warrant is exercised, or when a convertible bond...

DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

What is 'Absorbed' 1. In a general business sense, when a cost is treated as an expense instead of being passed on...

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

What does 'Illiquid' mean Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without...