Author: ADMIN ADMIN

November 18, 2019

Definition of Collateral

Collateral is any asset which is used as backing for debt. In the event of a default on the debt, the collateral is seized to cover the losses. The most common example of collateral is in a mortgage, ...

November 18, 2019

Definition of in finance

Close refers to the price at which a security ended a period of trading, as well as the end of a period of trading for an overall market. Two examples of how the word close would be use...

November 18, 2019

Definition of CEO

CEO stands for Chief Executive Officer. They are the highest-ranking executive within a company as well as being the 'leader' and the face of the company, and are responsible for all actions by the co...

November 18, 2019

Definition of CFA

The CFA (Chartered Financial Analyst) is a professional-level qualification awarded by the CFA Institute upon completion of 3 different exams.The areas covered by the CFA ...

November 18, 2019

Definition of Central Bank

A central bank is an organization within a country which is responsible for setting and using monetary policy in order to adjust the economic performance of the country. The central bank is supposed t...