In banking, do you know what is a minimum balance? Is it similar to the term minimum opening deposit? If not, then what does it mean? Do not worry if you can’t find the right answers to these questions. When I was new to banking, the same kind of questions came into my mind. Today, …
When trading you must have come across a lot of shares and block trades so what is a block trade? And what does a lot of shares mean? First, you must know that a Lot of shares which means 100 shares. But a block trader does not deal with a lot of shares. So what …
You must be aware of the owner of the company but what is a principal owner? When in a business the term principal is used it can referrer to many different positions and also for several responsibilities. But the title is commonly is as a managing key of relationship whether they are inside or outside …
Before stepping into any large-scale projects, you must know what is a conduit loan. Nowadays, you’ll find several types of loans offered by financial institutes. This includes mortgage loans, home equity loans, debt consolidation loans, and so on. Among these, conduit loan is not much well-known among people. So, today, I have decided to expose …
In real estate, do you know what is a wraparound mortgage? Is it a type of loan? New buyers like us may struggle to understand this term. We all know that there are several risks involved while purchasing any property. So, it’s necessary to know the financing option thoroughly before buying or selling the house. …
Do you know what is a remitter on a check? Are they the same as the payee? Relax! There are different types of checks designed for specific uses or needs. In fact, checks are a great alternative to cash, especially while traveling where cash would be a risky option. But today, we’ll focus on what …
Do you know what is dwelling insurance? Is it the same as home insurance? What does it cover? Relax, take a moment to refresh yourself! Financial institutes always offer their customers various insurance policies such as health insurance, vehicle insurance, and more. There is one more type of insurance termed dwelling insurance that most people …
Don’t know about what is the difference between gross pay and net pay as you are going to be a newbie employee. Leave the worries and continue to read further, as today I will tell you about the difference between gross and net salary. You will come to know should you use gross pay or …
Making wise investments is critical for securing your financial future. But with so many investment options available, it can be difficult to know where to start – changing financial education needs haven’t necessarily kept up with the current climate. In this article, we’ll discuss some tips for making smart investments and achieving your financial goals. …
We all want to be wealthy, but sometimes it’s hard to know where to start. We all want to retire with enough money to do what we want when we want, so my goal is to help you achieve that goal by showing you how easy budgeting can be when you use the right tools …