Participation Mortgage

What is ‘Participation Mortgage’ A participation mortgage is a type of mortgage which allows the lender to share in part of the income, or resale proceeds, of a property. As […]

Convertible ARM

What is ‘Convertible ARM’ A convertible ARM is an adjustable rate mortgage (ARM) that gives the borrower the option to convert to a fixed-rate mortgage. Convertible ARMs are marketed as […]

Good Debt Vs. Bad Debt

Debt, for many people today, is simply a fact of life. It’s the way they pay for just about everything from big-ticket items like homes and cars to daily purchases […]

The forex 3-session system

One of the greatest features of the foreign exchange market is that it is open 24 hours a day. This allows investors from around the world to trade during normal […]

Deficiency Judgment

What is ‘Deficiency Judgment’ A deficiency judgment is a ruling made by a court against a debtor in default on a secured loan, indicating that the sale of a property […]

Net Operating Loss – NOL

Loading the player… What is a ‘Net Operating Loss – NOL’ A net operating loss (NOL) is a loss taken in a period where a company’s allowable tax deductions are […]

Financial Accounting

Loading the player… What is ‘Financial Accounting’ Financial accounting is the process of recording, summarizing and reporting the myriad of transactions resulting from business operations over a period of time. […]

Compulsive Shopping

What is ‘Compulsive Shopping’ Compulsive shopping is an unhealthy obsession with shopping that interferes with the daily life of the afflicted. This ailment goes beyond mere consumerism and is psychological. […]