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Tip of the Day Get A Rewards Card

Get A Rewards Card - A rewards card is always a good option if you need a credit card. These no-fee hassle reward cards allow you to charge each...

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Convertible Bond

Convertible Bond - a convertible bond is a corporate bond that can be exchanged by the shareholder as an option for a specific number of shares of either common stock or preferred stock... The convertible bond is usually a juvenile debenture (unsecured debt, backed by the integrity of the borrower and not by collateral and is recorded and documented by an agreement called a debenture. An unsecured bond is one example of a debenture. The convertible bonds in the US and Japan are the two largest in the world in terms of market capitalism, so they are of great importance to the global market..

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Definition of the Day Guaranteed Stock

Guaranteed Stock - Guaranteed Stock is common stock certificate or preferred stock certificate with dividends guaranteed by the insurer of record. The common stock certificates or preferred stock certificates guarantee gives the stock certificates a much higher value. The value translates into a higher...

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