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Tip of the Day Consolidate Your Loans

Consolidate Your Loans - No matter how many loans you have, they are generally all sitting at different interest rates, so the trick to saving money is to shop around...

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Preferred Equity

Preferred Equity - Preferred equity is a measure of ownership interest in a corporation which only counts the preferred stock. Preferred Equity is equal to shareholder's equity (in total) minus common equity. Preferred equity shareholders usually receive their dividend before common equity holders. When a company is going bankrupt, preferred equity holders will be paid before common equity holders, but after the debt holders. Companies usually try to pay out par value of each equity. Preferred equity owners usually carry no voting rights. Other special rights to preferred equity may be issued by the board of directors of a company.

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Daily Definition

Definition of the Day Ahead Of You

Ahead Of You - An ahead of you is a term used to note a specific status, or standing, of a security order to be executed at the same price to another trader, but that will be listed behind the other trader's order in the specialist's book. This book is...

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