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Tip of the Day

Tip of the Day Put At Least 20% Down On A Home

Put At Least 20% Down On A Home - Your home is most likely the biggest purchase you will make in your lifetime, so when planning for the big day,...

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Stamped Security

Stamped Security Over the life of a security or bond, many different things will change and all of this has to be documented well by the issuers so that the investor is fully aware of these changes. That is what a stamped security is used for, as this type of security is stamped for the purpose of showing that a feature has been changed since the security was originally issued. One of the more common changes that is made is to the maturity date, as this will change depending on various market factors that are not always predictable for the issuer.

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Definition of the Day Primary Instrument

Primary Instrument This is similar to a financial instrument, except for its value does not come from another instrument, but rather directly from the market. For example, a cash instrument is a primary instrument, since it is able to be transferred at all times. In addition, things like monetary loans...

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