Treasury DRIP Definition

What is a Treasury DRIP? A Treasury Drip – short for “Treasury Dividend Reinvestment Plan” – is a plan through which investors automatically reinvest their dividend payments in new shares purchased directly from the company treasury shares. Often the treasury DRIP will entitle investors to a small discount on the shares purchased, usually between 2 and 4%. Cash DRIPs differ …

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Kentucky Storm and Flooding Victims Eligible for Tax Relief Through November 15

Kentucky storm and flood victims have until November 15, 2022 to apply for certain tax relief according to the Tax Service (IRS) effective August 2, 2022. Relief is available when filing certain personal and business income tax returns and when paying taxes, according to the agency. The relief just announced extends certain tax filing and payment deadlines from July 26, …

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United Life Insurance Review 2022

The benefits explained Outstanding Customer Service: United Life strives to provide excellent customer service. While many companies claim to be focused on customer service, United Life’s excellent Customer Complaints Index score backs up their claim. In fact, the company has received even fewer complaints than our best life insurance companies. Same day decision available: Waiting a long time to see …

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Manifestation Trigger Definition

What is a manifestation trigger? In the insurance sectorthe term “event trigger” refers to the moment when the policyholder becomes aware of a reason for filing a claim. For example, in the case of home insurance, the trigger for the manifestation may be when the policyholder discovers that their property has been damaged. Often the trigger for the event will …

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Nvidia Plunges on Weaker Q2 Gaming Revenue

Shares in graphics chip maker NVIDIA Corporation (NVDA) plunged on Monday and continued to fall on Tuesday after the company announced that it expects revenue be significantly lower than its previous estimate, mainly due to lower game sales. The Santa Clara, Calif.-based chipmaker released preliminary second quarter (Q2) earnings yesterday, posting revenue of $6.7 billion, well below its earlier outlook …

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Pros and Cons of Leasing or Buying a Car

Faut-il louer une voiture neuve ou l’acheter ? En règle générale, le choix se résume à des priorités. Pour certains conducteurs, c’est purement une question de dollars et de cents. Quelle est l’option la moins chère, en ce moment ? Pour d’autres, il s’agit des avantages de la propriété. Avant de choisir la route que vous emprunterez, il est important de …

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Shale Oil Definition

What is shale oil? Shale oil is a type of unconventional oil found in shale formations that must be hydraulically fractured to extract oil. Major uses include fuel oil, marine fuel, and the production of various chemicals. Shale oil can, in fact, refer to two types of oil: crude oil found in shale formations or oil extracted from oil shale. …

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Credit Card Stocks Offer Range-Bound Trading Opportunity

Credit card stocks failed to rise with the rest of the stock market in 2020 as investors feared a sharp decline in consumer spending amid stay-at-home orders and travel restrictions. However, the outlook looks brighter for the group this year, with the ongoing global rollout of COVID-19 vaccines and the likelihood of an increase stimulus checks under a Biden administration. …

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Call Money Definition

What is call money? Call Money, also known as money on call, is a short-term financial loan that is repayable immediately and in full, when the lender requires it. Unlike a term loanwhich has a fixed maturity and payment schedule, overnight money does not have to follow a fixed schedule, nor does the lender have to provide notice of repayment. …

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