Construction Lien Definition
What Is a Construction Lien? A construction lien is a claim made against a property by a contractor or subcontractor…
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Adjusted Funds From Operations (AFFO): Definition and Calculation
What Are Adjusted Funds From Operations—AFFO? Adjusted funds from operations (AFFO) refers to the financial performance measure primarily used in…
NASDAQ Global Select Market Composite Definition
What Is the NASDAQ Global Select Market Composite? The NASDAQ Global Select Market Composite is a market capitalization-weighted index made…
Commonly Asked Questions During a Portfolio Management Job Interview
A portfolio manager is a person who is responsible for making investment decisions using money that other investors place under…
Investment Banking vs. Wealth Management: What’s the Difference?
Investment Banking vs. Wealth Management: An Overview Wealth management and investment banking are two of the most popular career choices…
Investment Analyst Career Paths and Qualifications
Investment analysts conduct research, create financial models, and produce analytical reports and recommendations concerning specific types of stocks, bonds, or…
Accredited Financial Counselor: An Introduction
The Association for Financial Counseling and Planning Education has created a new professional credential for financial planners. The Accredited Financial…
Becoming an Independent Financial Advisor
Many registered investment advisors (RIA) at one time or another have considered striking out on their own to form an…
Default Probability Definition for Individuals & Companies
What Is Default Probability? Default probability is the likelihood over a specified period, usually one year, that a borrower will…
Weighted Average Coupon (WAC) Definition
What Is the Weighted Average Coupon (WAC)? The weighted average coupon (WAC) is a measurement of the rate of return…