please tell me what "joint bond" is
Category: glossary by Jermaine H. From United States
the "joint bond " is A bond that is guaranteed by a party other than the issuer. Also called a "joint-and-several bond." These are commonly used when a parent company is required to guarantee the bonds of a subsidiary.
any forex platform with a not that big minimum deposit that you can recommend me of
Category: money by V. Franks from United States
We think the best place for your purpose is "AVA FX" - the smaller amount to deposit is just $100, there's no charge for commission in this place, the platform graphics are absolutely creative, and the customer service is top notch.
what is "sum certain"?
Category: glossary by O. Turner from United States
A legal description of the predetermined settlement price for a contract or negotiable instrument. This term refers to the stated final payment to be made at the end of a contract. A digital option is an example of a financial product with a sum-certain payment. After a set price is met, the payout is fixed instead of depending on or relating to the underlying security and strike price.
please tell me what "promissory note" is
Category: glossary by Reagan Z. From United States
a "promissory note " is A written, dated and signed two-party instrument containing an unconditional promise by the maker to pay a definite sum of money to a payee on demand or at a specified future date. The only difference between a promissory note and a bill of exchange is that the maker of a note pays the payee personally, rather than ordering a third party to do so. When a bank is the maker promising to repay money it has received plus interest, the promissory note is called a certificate of deposit (CD).
Would you give me a tip for a forex site that has stylish mobile-enhanced fx trading interface?
Category: platform by Adrian P. From El Paso, United States
If you fancy a forex platform that features mobile access, we suggest you to try "Finexo Ltd." - their platform's graphics are really great looking and the environment is really an attractive one. This mobile friendly platform has become a standard setter for a fantastic online foreign exchange real trade programs example.
what is "subvention income"?
Category: glossary by Juliana B. From United States
The amount of revenue or source of funding that a not-for-profit organization retains in order to cover the organization's annual operating expenses. The amount of subvention income that is received is often calculated using a predefined formula based on the amount of services that the organization provides. For example, the amount of subvention income that a student union receives may based on the number of students that have fully attended the educational institution that year. Depending on the country, this type of income may or may not be taxed. In the United Kingdom, subvention income is not taxed, but any differences between the amount of subvention income set aside and operating costs do need to be documented in the company's balance sheet.
please define "no claim bonus"
Category: glossary by P. W. From Lexington-Fayette, United States
A bonus which is awarded to a policy holder when no claims have been made on an insurance policy during the period of insurance, usually one year. The bonus is subsequently applied to reduce the renewal premium. The motor insurance business uses this appr
please tell me what "national income accounting" is
Category: glossary by Aydin G. From Madison, United States
a "national income accounting " is A term used in economics to refer to the bookkeeping system that a national government uses to measure the level of the country's economic activity in a given time period. National income accounting records the level of activity in accounts such as total revenues earned by domestic corporations, wages paid to foreign and domestic workers, and the amount spent on sales and income taxes by corporations and individuals residing in the country. National income accounting provides economists and statisticians with detailed information that can be used to track the health of an economy and to forecast future growth and development. Although national income accounting is not an exact science, it provides useful insight into how well an economy is functioning, and where monies are being generated and spent. Some of the metrics calculated by using national income accounting include gross domestic product (GDP), gross national product (GNP) and gross national income (GNI).
what is a "carat"?
Category: glossary by Davis T. From United States
the "carat " is A measurement unit defining the purity of gold. Pure gold is 24 carat, whilst 18 carat gold comprises 18/24 gold and 6/24 alloy. Also spelt karat.
what is "rumortrage"?
Category: glossary by U. Nixon from Geneve, Switzerland
a "rumortrage " is A term often used by traders to refer to increased trading caused by a takeover rumor. If firms A and C are both in the auto industry and rumors say that firm A will takeover firm C, an increase in trading in firms A and C's stock illustrates rumortrage.