Federal Funds refers to the excess reserves which financial institutions such as commercial banks choose to deposit with their regional Federal Reserve Bank. These are also often called Fed Funds. Such funds may be lent out to other participants in the market who lack enough immediate cash on hand to cover their own mandatory minimum reserves and lending opportunities. Such [...]
Money Market Account refers to a type of savings account which commonly includes advantages such as a debit card and check writing privileges. Besides this, it usually has interest rates which are higher than those which normal savings accounts provide. Such money markets generally have a higher minimum account balance than the average savings accounts do. These accounts are sometimes [...]
Mortgage Insurance refers to a policy that helps would-be homeowners to buy a house with a smaller amount of down payment than traditional bank mortgages require upfront. It is these large typically 20 percent down payments that keep many people from the American dream of home ownership. Such insurance is also known by its popular acronym MI. Thanks to private [...]
An Initial Coin Offering refers to a non-regulated process in which the funds for new crypto-currency projects become raised. This is also popularly known by its acronym of ICO. These ICOs allow for entrepreneurs to sidestep the heavily regulated process of raising capital through more traditional means involving banks, venture capital, angel investors, or IPOs initial public offerings on stock [...]
Small Business refers to any company that has a maximum of 500 employees, per the definition set by the United States’ own SBA Small Business Administration. According to this definition of small business, the majority of companies within the United States are actually small businesses. SBA states that 99.7 percent of the around six million U.S.-based business with employees fall [...]
Counterfeit money refers to fake currency which criminals create in an effort to imitate real currency produced and backed by a sovereign government. Such currency will always be designed in an effort to pass for real money so that it convinces people of its legitimacy. There are rare cases when such counterfeits are not produced to buy services and goods, [...]
The European Monetary Union is also known by its long-time acronym of EMU. The full name of this is the European Economic and Monetary Union. This refers to the succeeding protocol to the original EMS European Monetary System. It means the combining of European Union member nations into a frame work for a centralized economic policy set and system. The [...]
Forbes refers to the legendary American business magazine started a century ago. The high level advice magazine beloved by high net worth and ultra-high net worth individuals and business executives has been published bi-weekly all this time. It includes significant and well-regarded articles on industry, finance, marketing, and investing. They also do reports on relevant finance- and investment-related topics including [...]
C Corporations refers to the primary subchapter under which American businesses decide to incorporate themselves in order to restrict the total financial and legal liabilities of the owners. Such C Corporations prove to be the principle alternatives to S Corporations, whose profits are able to pass directly through to the owners and so only become taxable on the individual level. [...]
Asset Management refers to an organization, institution, or individual asset manager directing a client’s securities, assets, and cash. It is commonly a financial services company that will do this, and especially an investment bank like Morgan Stanley, Barclays, UBS, Julius Baer, or Goldman Sachs. Such a financial institution will provide highly researched and sought after investment advice and a wide [...]
