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Tip of the Day

Tip of the Day Buy Homeowner and Auto Coverage from the Same Insurer

Buy Homeowner and Auto Coverage from the Same Insurer - When purchasing insurance it is always wise to take out all your insurance needs through one insurance company, agent, as...

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Contract for Difference

Contract for Difference - The contract for difference is also known as CFD. A contract for difference is a legally binding contract that takes place between two persons, which mirrors the trading of a security situation, but doesn't actually involve the buying or selling of the security. These two individuals, the buy and the seller, sign a contract stating that the seller must pay the buyer any difference in price after a specified period of time if the security's price increases, and that the buyer will pay the difference if the security's price decreases. CFDs are traded in many countries in over the counter markets, but they are not allowed in the U.S.

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Definition of the Day Z Shares

Z Shares These shares are offered to employees of the company of the fund and in many cases, are used as a bonus for these employees. In some cases, the employee will be given Z share options, rather than monetary bonuses or they can also be given...

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