DefinitionBasket trade is a term common in securities trading as it involves the simultaneous trading of a group of securities known to be in a “basket.” It is basically used to buy stocks. This t...
As a baseline is used to compare prices or track the performance of an entity, so also is the basket of goods strategy used to compare prices of given commodities. Considering that there is no general...
The great recession of 2009 affected a lot of investors and left many with lessons and precautions plans. During the recession, out of panic, many of the investors sold out their stock for a very low ...
Breaking news:Disney media companies said its CEO, Bob Iger, to stepped down immediately, and Bob Chapek named his successor. According to Disney, the change is in e...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
Following a fresh round of funding, British fintech start-up has been able to raise $500 million, which now brings the valuation of the company to $5.5 billion. TCV, a Silicon Valley-based venture ...
What is an Accidental Death Benefit? Meaning of an Accidental Death Benefit and how it Works The accidental death benefit works just like an insurance policy and involves paying the agree...
Turbo Tax maker, Intuit (INTU) Inc. has made a move to acquire financial services and software company, Credit Karma in a deal that is worth about $7.1 billion in both cash and stock. Credit Karma i...
In today's world where there are lots of debt to clear and financial issues to attend to, saving up to $10,000 is not an easy feat. If after sorting out your debt and other financial responsibilities,...
What is the definition of a Basis in finance? DefinitionIn finance, the term basis can be used to refer to a lot of things, however, the most used is the difference between prices and expenses fo...