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Tip of the Day Have An Emergency Fund

Have An Emergency Fund - In life, things happen that we don't expect, car breaks down or an appliance dies, and unless you have an emergency fund tucked away you...

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Authorized Stock

Authorized Stock - Authorized stock is the total number of stocks or shares a company can issue, or sell. This number is specified in the company's charter, although the shareholders of the company can authorize that number to be changed by voting on the constitutional charter changes at an annual or general meeting. These stocks are also known as authorized shares. Once the shareholders approve the change in the company's charter, the company can sell more shares.

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Definition of the Day Appraisal Ratio

Appraisal ratio - An appraisal ratio is a ratio used to study a mutual funds managers performance with the mutual funds investments that he chooses. They higher the ratio, the better the performance of the manager. The job of the mutual funds manager is to pick the investments that will...

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