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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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Distress Sale

Distress Sale – A distress sale is one where assets are being sold due to some unexpected emergency. It is where funds are needed and the something happen beyond the ability of an owner to handle without having to sell off some assets. These are sales where there is no concern over making a profit. In stocks this might involve where there is what is called a “margin call.” That is where there is a margin call for payment because the value of shares is less than what person owes on them because of a loan with a margin between their possible worth and actual worth.

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Definition of the Day Australian Securities Exchange

Australian Securities Exchange - The Australian Securities Exchange is the largest stock exchange in all of Australia, and is also known as the ASE, which opened for operation in 1987. Although its operations and functions have change with the times, it was transformed in 2006 after becoming the product in...

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