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Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Callable Stock

Callable Stock - Callable stock is stock that is issued by a corporation who retains the rights to redeem, or buy back, on demand, at a specific time. Since this stock is callable stock it can be redeemed, or bought back, before reaching its maturity. Callable, usually occurs at the time the stock is issues, as it is at this time that the company must lay out all the rules on when and how the stock can be called. On demand stock, means redeemable or bought back, when the company asks for it.

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Definition of the Day Convertible Auction Rate Preferred Stock

Convertible Auction Rate Preferred Stock - a convertible auction rate preferred stock is a certain type of an auction related preferred stock that can be converted into shares of the underlying security an underlying security is a commodity or security, which is subject to delivery when an option is exercised...

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