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Tip of the Day Borrow No More Than 30% of Your Available Credit

Borrow No More Than 30% of Your Available Credit - You should borrow no more than 30% of your available credit each month if you wish to keep your credit...

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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 A security (in forms of stock, loans, notes or government or private corporations) that is withdrawn and sold back to the investor is a Drawn Security.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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Definition of the Day Direct Cost

Direct Cost – A direct cost is the one that is related to the actual manufacturer of a product or services. This is the amount before any one that sells the item adds on their cost to create the retail price the customer has to pay. And often the price...

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