Finance Reference

Premium, in the simplest of terms, is the total cost of any option. It is basically the sum of your option’s time and intrinsic...

Inflation is well defined as a sustained increase in the general level of prices for goods and services wherein the purchasing power falls. It...

What is a 'Sale' A sale is a transaction between two parties where the buyer receives goods (tangible or intangible), services and/or...

DefinitionA mortgage loan or, simply, mortgage is used either by purchasers of real property to raise funds to buy real estate, or alternatively by...

What is 'Quid' The pound sterling, sometimes known as the British pound, is the currency of the United Kingdom, and the quid is a slang...

What does 'Underlying' mean Underlying, in equities, is the common stock that must be delivered when a warrant is exercised, or when a convertible bond...

What is a 'Range' The difference between the low and high prices for a security or index over a specific time period....

Definition In finance, amortization refers to the process of paying off a debt over time by making scheduled, periodic payments of principle and interest. To...

The word corporation represents an organization, which works completely separately from its owners, and it is in itself a legal body capable of presenting...

What is a Mortgage? A Mortgage is a legal agreement that conveys conditional right of ownership of an asset or property by its owner to...