Tag: finance
VA Loan
DefinitionA VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs. The program is for...
AARP
What is AARP and what do they offer
The American Association of Retired Persons, or AARP, is a nonprofit organization that provides benefits and discounts...
E-Mini
What is the E-Mini and how does it work
The E-Mini is a stock market index futures contract that tracks the value of the S&P...
W-Shaped Recovery
What is 'W-Shaped Recovery' An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the...
MLP
An MLP is a master limited partnership. These are companies organized as partnerships that are publicly traded, combining both the advantages of a private...
Wage Assignment
What Is a Wage Assignment?
A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to...
Pacific Rim
What is 'Pacific Rim' The Pacific Rim is a geographic area surrounding the edges of the Pacific Ocean. The Pacific Rim covers...
G7 Bond
What is 'G7 Bond' A term used to refer to government bonds issued by a nation in the Group of Seven (G7)....
Paid-Up
What is 'Paid-Up' The state of a settlement when all payment obligations for a security have been completed in a customer account....
What are Fixed Interest Rates
What are Fixed Interest Rates There are several factors involved when you obtain a loan. For instance, when you look for a mortgage,...