What is a Balance of Trade (BOT)?DefinitionBalance of trade is the difference in the value of a country’s exports and its imports. It is the most vital part of a current account. It is, therefo...
DefinitionA bear spread is a type of option strategy used in options trading. It occurs when an options trader purchases a contract at a higher strike price and sells at a lower strike price. For exam...
What is a Bear Call Spread?DefinitionThe bear call spread is a type of options strategy used by option traders when there are suspicions of a price decrease of a security or asset. It is also known as...
A business is always at risk so many times, one of these risks is offering goods and services on credit to customers who may likely fail to pay up. It’s a personal choice for a business to write off...
For any business to thrive successfully it must duly pay attention to all aspects of the business that can likely affect its performance; this includes its credit extension. Businesses are prone to ex...
What is a Bad Credit? Bad credit is a historical bad report on a person's debt payment. The record states the person's inability to pay his or her debt when it was expected and the likelihood tha...
Accidental Death and Dismemberment Insurance (AD&D) Meaning of Accidental Death and Dismemberment Insurance The Accidental Death and Dismemberment insurance, abbreviated as AD&D, can be l...
An adhesion contract is an agreement between two parties where one party has more power than the other and the terms and conditions of the contract is not negotiable. Generally, contracts contain ...
The Americans with Disability Act, abbreviated as ADA is a law that prohibits discrimination against people living with disabilities. It covers several areas including employment, public accommodat...
This is simply a fixed-interest rate paid subsequently for five years but subjected to adjustment after the first five years. It is also known as a 5-year ARM or 5-year-fixed period ARM. From the name...