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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 Stock

Loan Stock - Loan Stock is a type of fixed income security, a loan made to a company. Although the term loan stock might suggest otherwise, the holder of a fixed income security is merely the company's creditor and does not have any say in their business. There are two varieties of fixed income security, loan stock, and debenture. Loan stock is certificates granted in exchange for a loan. There are two essential kinds of loan stock. The unsecured loan stock means that the company receiving the loan offers no collateral to guarantee the loan. The second is unsecured loans individuals can get.

Discuss It!

said:

want to borrow 250,000 shares of chase manhattan bank

leon said:

used the stock as security

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Daily Definition

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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