Tag: losses
Tips To Save Money When Betting Online
There are many ways for players who bet online to save money and use their budget to its fullest potential. Some of these are...
Busting Common Misconceptions about Fiduciary Services
There’s a big difference between making money and managing wealth. If you do not know how to manage your assets or estates, it can...
A Guide to Managing Your Casino Bankroll
Casino bankroll management can be a tricky subject. On the surface, it's straightforward: put yourself in a position where you're less likely to go...
Kiwi
What is 'Kiwi' A slang term for the New Zealand dollar (NZD). It derives its name from New Zealand's national icon -...
Impaired Credit
What is 'Impaired Credit' A deterioration in the creditworthiness of an individual or entity. This is usually reflected through a lower credit...
Impaired Capital
What is 'Impaired Capital' 1. When a bank's actual assets are worth less than their stated value. When a bank has impaired...
Offshore Portfolio Investment Strategy (OPIS)
What is 'Offshore Portfolio Investment Strategy - OPIS' A tax shelter product designed to create large, seemingly real losses to be used...
Mark to Market
DefinitionMark-to-market or fair value accounting refers to accounting for the "fair value" of an asset or liability based on the current market price, or...
Malpractice Insurance
DefinitionProfessional liability insurance, also called professional indemnity insurance but more commonly known as errors & omissions in the US, is a form of liability...
Abusive Tax Shelter
What is 'Abusive Tax Shelter' An investment scheme that claims to reduce income tax without changing the value of the user's income...