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Tip of the Day

Tip of the Day Keep Your Receipts

Keep Your Receipts - When it comes to filing, your taxes you need to make sure that all your receipts are keep in good order, just in case you happen...

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Drawn Securities

Drawn Securities - Drawn Securities are forms of capital that an investor redeems for profit. It merely is receiving payment for selling shares of stock. Drawn Securities can be derived from different sources of the financial world. Drawn Securities can be obtained from bonds, or loans paid back. They also can come from redeeming funds from common stock, or mutual funds prior to maturity. A security (in forms of stock, loans, notes or government or private corporations) that is withdrawn and sold back to the investor is a Drawn Security. Any form of financial redemption back to the shareholder, is considered a drawn security.

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Daily Definition

Definition of the Day Delivery vs. Payment

Delivery vs. Payment - Otherwise known as the DVP, it is a swift message type issued to reduce the settlement risk in any financial transaction sought. It is the delivery vs. payment system giving title to assets and payments in exchange at a specified simultaneous time and date. This made...

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