please define "earned income"
Category: glossary by D. A. From Canada
Income that comes from work - such as a salary or wages. As distinct from unearned income - bank interest and company dividends etc. Income from pensions is also classified as earned income.
what is "commission house"?
Category: glossary by Terry A. From Netherlands
the "commission house " is A brokerage or merchant firm which buys and sells futures contracts for customer accounts. They typically use omnibus accounts to do this.
please define a "fairway bond"
Category: glossary by A. Vang from Waco, United States
the "fairway bond " is A type of bond that accrues interest if the embedded index or interest-rate option underlying the bond remains within a specified range. The fairway in golf is like the index or interest rate range. The outlook is positive if the ball lands on the fairway. If, however, a ball lands in the rough, the outlook is negative. Conservative investors will choose this type of bond in hopes of maximizing their yield when they believe that the option will remain within a certain range during the time the bond is held. Investors may profit the most during a sideways market. Should the option remain out of range, the least the investor can expect is a return of principal. Also known as corridor bond, index range note, range accrual note, or index floater.
please define the "special drawing rights"
Category: glossary by I. Z. From Lakewood, United States
A currency created by the IMF to use as an unit of account. The value of an SDR moves according to the fluctuations of the composite traded currencies, including the dollar, yen and euro.
please define "LKR"
Category: glossary by S. Bender from Cork, Ireland
The currency symbol for the Sri Lankan rupee (LKR), the currency for the Democratic Socialist Republic of Sri Lanka (Ceylon prior to 1972), an island nation off the southern coast of India. The Sri Lankan rupee is made up of 100 cents and is often presented with the symbol Rp. Or Rs, in the form Rp. 50 for 50 rupees. The rupee can also be presented with SLRp. Or SLRs, rather than Rp. Or Rs, to differentiate it from other currencies denominated in rupees. The Sri Lankan rupee was first established in 1869, replacing the British pound at an amount equal to the Indian rupee (1 rupee to 2 shillings, 3 pence), and was a decimal currency from 1871. As inflation devalues the currency, new banknotes are released (for example, in 2006 a 2000 rupee note was issued), and although older Sri Lankan (and Ceylon) banknotes and coins remain legal tender, older and smaller notes and coins are rarely seen in circulation.
Do you know of a site that has progressive handbooks for trading advices and instructions?
Category: platform by Z. A. From Heerlen, Netherlands
We believe "HY Markets" is the one to consider if you want an unbelievable site which enables progressive beginners advices and instructions guides - they offer appropriate handbooks for beginners, with great interface and instructions. You can really enjoy looking into them.
Which licenses and certificates are the most secured?
Category: technical by K. I. From Darmstadt, Germany
We recommend you to look for fx web trading platforms that are certificated by known associations, such as ice, nymex or cbot. A lot of familiar fx web trading platforms use their services. Whenever it says a fx web trading platform is regulated by ice, nymex or cbot, be sure the safety of your financial details is guaranteed in this site. A first class example for such a fx web trading platform is "FX club".
do you know what "dow jones 65 composite average" is?
Category: glossary by J. M. From Gloucester, United Kingdom
A composite index that measures changes within the 65 companies that make up three Dow Jones averages: the 30 stocks that form the Dow Jones Industrial Average (DJIA), the 20 stocks that make up the Dow Jones Transportation Average (DJTA) and the 15 stocks of the Dow Jones Utility Average (DJUA). The Dow Jones 65 Composite, like the three sub-indexes, is price-weighted. All of the Dow Jones averages are price-weighted indexes. For this type of index, stocks with higher prices will influence the direction of the average more than lower prices, regardless of the actual size of the company. Most broad market indexes are market-cap weighted, such as the Nasdaq-100 and Standard & Poor's 500. The combination of the Dow Jones Industrial, Transportation and Utility averages used to be a broad measure of the U.S. Economy, as those sectors were once the lion's share of economic production. This is no longer the case, as industries such as healthcare, technology and finance now include some of the largest companies in the world. While the DJIA has, in recent years, included some modern companies in its "industrial" average (such as Microsoft and Intel), most of the Dow Jones 65 stocks are focused in old-line businesses, and do not appear to represent a broad measure of economic performance.
please define the "homeowners insurance"
Category: glossary by F. G. From Ireland
a "homeowners insurance " is A form of property insurance designed to protect an individual's home against damages to the house itself, or to possessions in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property. In the U.S. There are seven forms of homeowners insurance that have become standardized in the industry; they range in name from HO-1 through HO-8 and offer various levels of protection depending on the needs of the homeowner. Also known as "homeowner's/homeowners' insurance". While homeowners insurance covers most scenarios where loss could occur, some events are typically excluded from policies, namely: earthquakes, floods or other "acts of God" and acts of war. For people who live in certain parts of the country, adding an extra policy for earthquake insurance or flood insurance can be a good idea to offer further home protection and peace of mind. Some homeowners insurance is designed for renters, typically HO-4 or "renters insurance", and only covers possessions within the home and isolated events not covered in the property insurance held by the owner.
Which online fx platform has got the highest leverage, in your opinion
Category: money by Finley Q. From United States
If you seek a forex site that has the biggest leverage ratio, you should totally check out "ForexWebTrader". Here the leverage is 200:01:00! So if you're chasing big numbers, "ForexWebTrader" is the right kind of place for you. They charge no commission in this one the minimum deposit for trading is $25.