Category: glossary , Asked by: D. A. From Canada
A: 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. Visit Dukascopy
Category: glossary by Iris P. From Monaco
An investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions. Contrast this to commission-based investment, in which the advisor makes money based on the amount of trades made or the amount of assets sold to the client. The benefit of this type of account is that the advisor's interests are considered to be more in line with those of the investor. For example, if a client has an account worth $500,000 and the advisor's fee is 8% of the assets, the advisor is initially set to receive $40,000. But if the advisor were able to increase the value of the account to $600,000, he or she would then receive $48,000 - an increase of $8,000. On the other hand, if the account value falls, the advisor gets a lower commission payout.
Category: general by Brody L. From Canada
If you look for an online fx platform that provides the most useful customer service team, we definitely advice you to try "ForexWebTrader". The service team they offer is fun - they are simply skilled.
Category: glossary by R. Cantrell from Mainz, Germany
a "no-par value stock " is Stock that is issued without the specification of a par value indicated in the company's articles of incorporation or on the stock certificate itself. Most shares issued today are classified as no-par or low-par value stock. No-par value stock prices are determined by what investors are willing to pay for them in the market. Companies find it beneficial to issue no-par value stock as they have flexibility in setting higher prices for future public offerings and have less liability to shareholders in the case that their stock falls dramatically.
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