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Tip of the Day

Tip of the Day Buy Homeowner and Auto Coverage from the Same Insurer

Buy Homeowner and Auto Coverage from the Same Insurer - When purchasing insurance it is always wise to take out all your insurance needs through one insurance company, agent, as...

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Law of One Price

Law of One Price - The law of one price relates to the theory that any commodity, asset or security will have the same price in more than one exchange. Should the price differ in anyway, then by what are called arbitrage opportunities an equality will be achieved. Essentially the arbitrageur will acquire said asset from one market. Then can sell it in another where the rate is higher. This allows for parity in the pricing so purchases in cheaper places will still enable the person to get the higher price. Thus allowing for it to fall under the term of having only one price.

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Definition of the Day Z Shares

Z Shares These shares are offered to employees of the company of the fund and in many cases, are used as a bonus for these employees. In some cases, the employee will be given Z share options, rather than monetary bonuses or they can also be given...

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