Finance

Canadian Income Trust Definition

What is a Canadian income trust? A Canadian income trust is a type of investment trust that holds stable, income-producing…

Nominal Yield Definition

What is the nominal return? The nominal yield of a bond, represented as a percentage, is calculated by dividing the…

How Much Car Insurance Do You Need?

How much car insurance do you need? The answer depends on a number of factors, including where you live, the…

Deceased Alert Definition

What is a death alert? A death alert is a notification that credit card companies, credit rating agencies, and other…

3 Common Budgeting Challenges to Overcome

Personal debt in the United States is skyrocketing. In the last quarter of 2018, data from the Federal Reserve revealed…

Russell Small Cap Completeness Index

What is the Russell Small Cap Completeness Index? The Russell Small Cap Completeness Index is a market capitalization weighted index…

Lady Macbeth Strategy Definition

What is a Lady Macbeth strategy? A Lady Macbeth strategy is a corporate takeover scheme in which a third party…

Breakage Definition

What is breakage? Breakage is a term used to describe revenue earned by retailers from unused gift cards or other…

Thin File

What is a lightweight file? A "thin file" refers to the credit report of a person with little or no…

Jack Ma’s Worth and Influence

What does Jack Ma, Founder and Executive Chairman of Alibaba Group Holding Ltd. (BABA), worth it? As of August 5,…