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Tip of the Day Open an Online Savings Account

Open an Online Savings Account - One of the best ways to save money and receive a fair return on your money, about 5%, is to open an online savings...

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Half Stock


Half Stock - Half-Stock is a stock certificate. A half-stock can be a common stock certificate and it can be a preferred stock certificate. A half-stock certificate has a par value of fifty dollars. The term comes from the value determined on the stock certificate. The common stock certificate and the preferred stock certificate on consider a par value. The value of the bond is the par value. A dollar amount assigned to the stock certificate when representing the value. It is a contribution for each share of stock certificate in cash or durable goods. Par values vary for all fixed income products.

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Definition of the Day Delivery vs. Repayment

Delivery vs. Repayment - This is the specific delivery of securities for the ultimate possession of the asset retained in numeration. This is a delivery vs. payment method. Otherwise known as the DVP, it is a swift message type issued to reduce the settlement risk in...

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