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Tip of the Day

Tip of the Day Spend Less Than You Earn

Spend Less Than You Earn - To spend less than you earn, basically, means to live within your means. In other words, if you don't have the cash to...

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Loan Crowd

Loan Crowd - Loan Crowd is stock exchange members lending and borrow securities from one another in order to cover their customer's short positions. The term ?loan crowd? came from the fact that this group of people gathered at a designated area on the floor of the stock exchange. It is an endearing past term. In the 1920's and 1930's it refers to the group of members firms that lend or borrow securities needed to cover the positions o customers who have sold short securities. The crowd found was around the loan post. The massive multi-billion dollar write-downs are of the mortgage business.

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Definition of the Day E-Commerce

E-Commerce - This is a form of sales that takes place electronically. The most common means is on the internet or also through computer networks. This type of sale has become increasingly popular over the last few years. Such means has so many benefits to both the seller and the...

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