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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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American Depositary Receipt

American Depositary Receipt - An American depositary receipt, also known as a ADR, is a negotiable certificate that is issued by one of the American banks that represents a certain number of shares available through foreign stock trading on an American Stock Exchange. By trading ADRs, it is much easier for American corporations, companies, and the public to invest their money in foreign companies. This is especially true with the widespread availability of dollar denominated, prices that are done in a particular currency, pricing information, timely dividend distribution and transactions, and lower transaction costs. An example of denominated pricing - a bond would be denominated in yen.

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Definition of the Day Exchange Traded Note

Exchange Traded Note - An exchange traded note is also known as an ETN. This is a type of security debt that combines features of a bond and feature of an exchange traded fund. Exchange traded notes can be traded on the NSE, and other such exchanges, but can be...

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