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Tip of the Day Choose the Right Car Insurance

Choose the Right Car Insurance - Before buying a new car, it is always wise to find out exactly how much coverage you require and only buy enough insurance to...

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Gross Domestic Product (GDP)

Definition: A country's gross domestic product (GDP) is the value of the goods and services produced in a country.  This includes private and personal consumption, government spending, investments, and net exports.  It's calculated as follows:GDP = C + G + I + NX; whereC = consumptionG = government spendingI = investmentNX = net exports (exports minus imports)Advice: GDP is an important economic indicator because it helps investors determine

 

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Daily Definition

Definition of the Day Aged Fail

Aged Fail - Aged fail is a security transaction that has failed to be completed over the required thirty-day period. This happens, generally, when one of the involved parties fails to deliver the cash, or the securities, within a specific time period, generally the thirty days mentioned previous, although the...

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