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...
What is Bancassurance? DefinitionThis refers to the relationship between a bank and an insurance company permitting the insurance company to market and sell its insurance products to a bank�...
What Are Index FundsAn index fund is a group of bonds, stocks and other types of securities that are used in tracking market index. Market index denotes a compilation of securities representing a part...
Ever since the shocking announcement of the death of Mark Butler, the cofounder of Ollie (OLLI), there has been an ongoing investigation on the cause of his death. the Los Angeles County Medical Exami...
On 13th February 2020, Roku Inc (ROKU) submitted its fourth-quarter yearly report which exceeds the estimated value predicted by analysts. The report rise above the expected revenue estimated by analy...
The long-awaited merger of TMobile (TMUS) and Sprint (S) that has been ongoing for more than two years is closed to happening this year. This latest development was as a result of the court order rule...
The stock market is the largest economic market in the world. It is often seen as the stand-in-for economy in most countries, especially the US. It is therefore expected that with the recent breakout ...
What is the definition of a Ballpark Figure?DefinitionA ballpark figure, also known as order of magnitude, is a numerical approximation or estimate of the value of a thing to fall within a particular ...
Lyft (LYFT) is a ride-hailing company very popular in the United States. Like Uber, the company has worked effortlessly to expand its reach across the shores of the United States. For a while no...
What is a Bear Put Spread?DefinitionA bear put spread, also known as a long put spread or debit put spread, is a vertical spread which has to do with the buying of one put with the hope of profit...