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Tip of the Day

Tip of the Day Ditch Your Car

Ditch Your Car - If you live in a community where everything is within a reasonable distance, you need to ask yourself why you are driving a car, which when...

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Asking Price

Asking Price - The asking price is the same as the asked price, which is the lowest price any investor or dealer is willing to sell a certain security or commodity for. This doesn't include over the counter securities as they usually cannot make the listing requirements to be offered on the stock exchange. For mutual funds, the asking price is the net asset value and any additional sales charges; this is also called the asked price or offering price. These are generally the lowest price a market maker, bank or company, will take on the offered stock.

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Daily Definition

Definition of the Day Cash Sale

Cash Sale - A cash sale is a transaction that involves which securities are delivered on a specified trade date, instead of after the required three business days to settle a contractual obligation. The settlement date on a security is established as a date an executed security transaction must be...

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