please define a "low ball "
Category: glossary by R. Whitney from Canada
A slang term for an offer that is significantly below the fair value of an asset or group of assets. This tactic is often used when a potential seller is in desperation and may need to liquidate assets quickly. For example, if someone were to offer $2500 for an $8000 asset, this would likely be considered a low-ball offer.
please define an "attribute bias"
Category: glossary by Hazel W. From Sudbury, Canada
the "attribute bias " is The tendency of stocks selected by a quantitative technique or model to have similar fundamental characteristics, such as high yields and low earnings valuations. Most investing models that provide investment choices as an output will have to establish parameters that, by definition, will exclude certain stocks and offer ones with similar traits in return. An investing or research technique that produces choices with attribute bias is not necessarily a bad thing; the biggest danger is that the stocks may correlate closely in their returns, eliminating some of the value of a diversified portfolio. One thing in particular to watch out for is investing in several companies operating in the same industry, as industry peers will often have similar fundamental values.
do you know what a "luxury tax "is?
Category: glossary by Shyla S. From Scottsdale, United States
A tax on goods considered to be luxury items. In the US in the early 1990s, a 10% luxury tax was imposed on all cars selling for $30,000 or more, airplanes, boats, furs and expensive jewellery. That particular tax was repealed in the Revenue Reconciliatio
what is "note"?
Category: glossary by O. Maddox from Fort Collins, United States
the "note " is A debt instrument whereby the issuer promises repayment on or before a specified date.
please tell me what the "recognised clearing house" is
Category: glossary by Phoenix F. From Providence, United States
A clearing house which meets the requirements for recognition under the Financial Services Act 1986 and is approved by the Financial Services Authority (FSA).
what is "black"?
Category: glossary by Z. Holland from Ireland
A description of a positive balance on a company's financial statements. The phrase "in the black" is widely used to refer to the condition of companies that have been profitable in their last accounting period. This term is derived from the color of ink used by accountants to enter a positive figure on a company's financial statements.
please tell me what the "real time" is
Category: glossary by Grayson S. From United States
"real time " is When a system relays information to an user at a speed that is near instantaneous or has a short delay from when the event actually occurred. Online brokerages often provide a real-time data feed that displays stock quotes and their respective real-time changes, with a very insignificant lag time, so that clients can base their investing decisions on the most up-to-date information. While many financial websites do offer free stock quotes to the general public, many of these feeds are not real time and may be delayed up to 20 minutes. Therefore, when viewing stock quotes from any financial website, be aware of the time that is posted near the stock quote to verify whether the quote is actually in real time. Possessing accurate real-time quotes is especially important for traders, as even the smallest time discrepancy between a provided quote and the real-time situation can change a profitable position into a loss.
please tell me what the "power of attorney" is
Category: glossary by B. Lewis from Basel, Switzerland
A document which authorises a person to act on behalf of another.
I'm searching for a fun site. Which one would you recommend?
Category: general by Grace O. From United Kingdom
Definitely "GCI". "GCI"'s service team is fantastic. They give the impression they're extremely accommodating and absolutely helpful. Regulated and certificated by BVI, it's safe to trust it's safe to deposit in this one. The system supports many different languages. "GCI" is multilingual. It offers its services in French, Russian, Chinese or Deutsch (and many more languages). In addition, We are all the time excited when trying to connect to the server. You'll find non of most of the regular communication troubles you have to handle with large servers, it's very effortless to install the program. Also, the connection to the server is fast.
Which site has the largest variety of currencies to chose from?
Category: money by V. C. From Cork, Ireland
If you're looking for an astounding forex web trading system that includes buy and sell USD/CYP, we totally recommend you to check "FX club". It is a completely fantastic forex web trading system, and it will definitely answer your need. If you like buying and selling CHF/SGD, GBP/SEK or USD/CYP (and and any other option from an endless variety of currencies), your money is accepted in "FX club".