Cash settlement
Cash settlement is a device used instead of physical deliveries to fulfill futures contract obligations upon contract maturity. In 1981, […]
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Currency futures
With $4.0 trillion traded daily, currency future (FX future or foreign exchange future) markets represent the largest asset class in
Finance, Personal Finance
Auto Insurance/Vehicle Insurance
Vehicle insurance is known by various other names such as GAP insurance, auto insurance and motor insurance. Vehicle insurance is
Banking, Personal Finance
Certificate of Deposit
A certificate of deposit is a term deposit, which can be defined as financial product widely accessible to consumers in
Banking, Finance, Personal Finance
Credit Card Interest
Credit card interest is one of the most important means through which credit card issuers generate revenue. A card or an account number is
Banking, Finance
Prime Rate
Prime rate or prime lending rate is a term which is used in many countries for referring interest rate charged by banks to each
Finance, Personal Finance
Home Equity Line of Credit
A home equity line of credit also refereed as HELOC and pronounced HELL-ock is a loan in which the lender is ready to provide a
Finance, Personal Finance
Home Equity
Home equity represents the market value of a homeowner’s unencumbered interest in their real property—to be precise; it is the difference between the home’s fair market value and
Finance, Personal Finance
Equity Loan
A mortgage backed loan in which the borrower receives the loan in cash is called as an equity loan. In general, the lender
Personal Finance
Contents Insurance
Contents insurance is insurance in which insurer pays for damage to, or loss of, an individual’s personal possessions provided that they are
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Pre approved loan
What is Pre-Approval A written commitment issued by a lender after a comprehensive analysis of the creditworthiness of the applicant,
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Technical analysis
In the fast-paced world of financial markets, it is important to develop domain knowledge expertise in quantitative and qualitative analytical
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E-Mini futures
E-minis are stock market index futures contracts traded on the Chicago Mercantile Exchange’s Globex electronic trading platform. CME E-mini S&P 500
Finance
Refinancing
The word refinancing refers to converting the existing debt obligation with a new debt obligation under new terms. These terms
Banking, Finance, Personal Finance
Checking Account
A deposit account which is held at bank or financial institution by individuals/business entities (account holders), offering them secured and