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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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Depositary Receipt


Depositary Receipt - This represents the ownership of shares of stock certificates and trades in the financial stock markets. It is the buy and sell of the stocks involved with non-United States companies on the United States Stock Exchange. The depositary receipt carries the prices in United States currency and pays dividends in United States dollars. This can and does represent a fraction of stock certificate shares, or shares of the foreign stock transferred on a daily basis through the stock markets. The stock shares of foreign investors are treated the same as United States companies. This is convenient for the stock investors.

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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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