Finance

The fair market value (FMV) of a business, stock, real estate, or other asset is the reasonable selling price. An estimate of fair market value…

According to a financial theory known as the Uncovered Interest Rate Parity (UIRP), the difference in the nominal interest rates of two different countries is…

A dividend reinvestment program (DRP) or dividend reinvestment plan (DRIP) is a firm’s plan that allows shareholders to automatically reinvest their cash dividends in more…

A mutual fund is a collection of securities managed by a fund manager and owned by a group of investors. Growth funds are mutual funds…

Personal finance encompasses all of an individual’s or household’s financial decisions and actions, including budgeting, insurance, mortgage planning, savings, and retirement planning. All psychological and…

Personal finance refers to the way you plan, manage, and maintain your financial activities, such as your costs, income, savings, and investments. The phrase is…

Target pricing is a technique used by businesses to determine the selling price of a product based on market prices. It is a pricing strategy…

A variable coupon renewable note (VCR) is a type of renewable fixed-income security. It’s a form of debt security that matures every week. Every week,…

Volatility arbitrage is a financial arbitrage technique that is directly dependent on and based on volatility. It is a trading strategy that seeks to profit…

A budget is an official statement of the estimated income and expenditure for a specific time period based on previous records and plans. A budget…

Affordable housing refers to housing units that are affordable to people whose income is less than the median household income. It is housing that is…

For many people, real estate investing can be a highly profitable activity. Investing in real estate is one of the most effective ways to make…