what is a "transfer value"?
Category: glossary by O. T. From Luxembourg
"transfer value " is The value of a pension fund which would be available for transfer into an alternative type of plan either with the same or an alternative pension provider.
Are you familiar with any site with adjusted for first timers that you can recommend for me?
Category: platform by Jadyn W. From United Kingdom
If you look for a site which includes progressive manuals for trading, we definitely advice you to explore "AVA FX" - this place gives links to riveting manuals for first-timers, with easy to follow instructions and options. You can surely educate yourself some of them.
do you know what a "substitution swap" is?
Category: glossary by C. X. From Netherlands
A swap that is carried out by trading a fixed-income security for a higher yielding bond with similar features. The two securities being swapped have similar coupon rates, maturity dates, call features, credit quality, etc. Investors will most often participate in substitution swaps when they believe there is a temporary discrepancy in bond prices due to market disequilibrium.
Do you have a suggestion if I want a forex site that's nice for novice traders?
Category: platform by Kasey Q. From United States
We think the best place for your purpose is "Xforex". This one gives nice manuals for first time users, with comprehensible instructions and menues. You can really get some stunning tips from them.
Will you recommend me of an online forex platform that has soothing mobile-friendly program?
Category: platform by Kayla R. From Bournemouth, United Kingdom
We recommend "ForexWebTrader". The graphics are real soothing and the program is equipped with the newest developments in a mobile based real trade environment. Their mobile friendly platform is one of the leading examples of how a web forex trading program should look.
please define the "2/28 adjustable-rate mortgage"
Category: glossary by Raven N. From Philadelphia, United States
a "2/28 adjustable-rate mortgage " is A type of adjustable-rate mortgage that has a two-year fixed interest rate period after which the interest rate on the mortgage begins to float based on an index plus a margin. The index plus the margin in known as the fully indexed interest rate. Often, a 2/28 ARM is designed as a short-term financing vehicle that provides borrowers with time to repair their credit before they refinance into a mortgage with more favorable terms. In many cases, 2/28-mortgage borrowers fail to recognize the risks associated with such a mortgage. They often don't recognize how much their monthly payments will increase when the interest rate starts to adjust at a higher rate. It is important to note that there is usually a high probability that the fully indexed interest rate will be substantially higher than the initial two-year fixed interest rate. Once this number adjusts, the borrower's payments are likely to increase as well.
Which online fx platform has the most realistic mobile-friendly trading, to your suggestion?
Category: platform by Tyson L. From Oakland, United States
If you want the best online forex platform which provides mobile enhanced program, you must check out "Global Forex Trading (GFT)" - the graphics are real great looking and the program is completely a realistic one. Their mobile accessible platform is growing to be one of the leading examples of how a web forex trading environment should look.
do you know what a "financial services compensation scheme" is?
Category: glossary by Martha I. From United Kingdom
The Financial Services Compensation Scheme is the sole financial compensatory scheme. It was set up by the Financial Services Authority (FSA) in December 2001, and replaced:
do you know what a "mutual fund liquidity ratio" is?
Category: glossary by C. W. From France
"mutual fund liquidity ratio " is A ratio published monthly by the Investment Company Institute that compares the amount of cash relative to total assets held by a mutual fund. Equity investors use the mutual fund liquidity ratio to gauge the demand for shares and the bullishness or bearishness of portfolio managers. For example, if a mutual fund is sitting on a large amount of cash, theory is that it is doing so because it is hard pressed to find quality investment opportunities; therefore, it has a bearish sentiment toward the market. Conversely, if a mutual fund is highly invested and has a very small amount of cash on hand, theory is that it has found some excellent investing opportunities and is taking advantage of these opportunities by being nearly fully invested - that is to say, it is bullish.
please tell me what a "mortgage company" is
Category: glossary by G. O. From United Kingdom
the "mortgage company " is A company engaged in the business of originating and/or funding mortgages for residential or commercial property. A mortgage company is often just the originator of a mortgage; they market themselves to potential borrowers and seek funding from one of several client financial institutions that provide the capital for the mortgage itself. Many mortgage companies went bankrupt during the subprime mortgage crisis of 2007-2008. Because they weren