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February 11, 2020

Bear Stearns

DefinitionThe Bear Sterns was a New York City based global investment bank and financial company that collapsed in 2008 during the subprime mortgage crisis. The company was founded in 1923 and lasted ...

February 13, 2020

Bearer Bond

What is Bearer Bond?DefinitionA bearer bond is a bearer or holder owned fixed-income security. Just like the bearer share which is a physical stock certificate owned by a current holder, a bearer...

February 18, 2020

Bank Identification Number (BIN)

What is Bank Identification Number (BIN)?Definition A bank identification number (BIN) refers to the first four to six numbers reflected on a bank-issued card. The first digit of the BIN represen...