Auto Insurance/Vehicle Insurance
Vehicle insurance is known by various other names such as GAP insurance, auto insurance and motor insurance. Vehicle insurance is the insurance purchase for vehicles like motorcycles, cars, trucks and...
View ArticleCall Option
A call option also referred to as simply call is a financial transaction between two parties, a buyer and seller for this type of option trading. In this contract, the buyer has a right but no...
View ArticleReal Estate Investment Trust
A real estate investment trust or REIT is a financial product that is traded like a stock on the major stock exchanges and invests in real estate market directly, either through equities or mortgages....
View ArticleCredit Balance
Definition: While maintaining a margin account, the amount of funds which are deposited in the customer’s account after a successful execution of a short sale order is called as credit balance. The...
View ArticleCredit Card Balance
Definition: A credit card balance is the amount of charges, or lack of that, payable to the credit card company. Typically, it may take about 24 hours for the credit card company to update the credit...
View ArticleGroup Term Life Insurance
Definition: It’s that type of insurance where the coverage is offered to a group of people. This coverage offers benefit to the insured group even if one of the beneficiaries dies during the specified...
View ArticlePut Option
A put or put option is a deal between two parties to exchange an underlying instrument, at a predetermined price (the strike), by a specified date (also referred to as a maturity date). While one...
View ArticleCredit Spread (Options)
Credit spread is also known as net credit spread. A credit spread occurs when two options of the same class are simultaneously bought and sold. These two options are also required to have same...
View ArticleCovered Calls
A trader can create a covered call by selling the call options on a security already owned by him. For example, Trader Z owns 1,000 shares of security ABC and then proceeds to sell 10 calls of the same...
View ArticleCredit Spread (Bonds)
Credit spread is also known as yield spread. Credit spread refers to the difference in yield of different securities. Such difference in yield arises due to the difference in credit quality of...
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