The Money exchange

Category: glossary , Asked by: Stanley Y. From United Kingdom

A: a "comps " is A buzzword that refers to a retails firm's comparable same store sales. This metric compares the degree of revenue growth/decline that a firm's stores achieve relative to their sales in previous years. Typically, this metric is not used to assess stores that have been operating for less than a full year. For example, if XYZ Corp.'s comps for May 2007 are up 10%, this means that each of XYZ's stores, on average, earned 10% more revenue compared to itself during May 2006. Analysts typically like to hear that a firm's comps are rising each period because this is a good indication that the firm's consumers are willing to pay more for goods compared to the previous period and/or willing to come to the store more often (and spend more or less the same amount). The key is that the firm is seeing an increase in revenue without resorting to opening new stores.

Category: general , Asked by: Angelica O. From Cork, Ireland

A: If you want fx online trading system that has the oldest history around, you must register to "FX club". Established on 2007 as a retail ECN forex server, FX club is based at 1200 South Avenue, Suite 203, Staten Island, New York 10314, United States. FX club is regulated by cme, cbot, nymex and ice, of the strongest regulatory authorities in financial history.

Category: money , Asked by: Franco O. From United States

A: If you want a site with the smallest deposit, we absolutely suggest you to register to "UFX bank" - the minimum deposit is only $100, the platform graphics are the most fancy, they don't charge any commission in this site, plus the customer support is stunning.

Category: glossary , Asked by: Kody J. From Switzerland

A: When a debtor stops making payments on his or her debts and starts spending again after being overwhelmed by the amount of debt incurred and the seeming futility of the debt repayment process (the overall amount of debt owed does not appear to dramatically lessen as payments are made). Experiencing debt fatigue may eventually cause the debtor to declare bankruptcy as a last-ditch effort to resolve the situation. One of the worst and most immediate effects of debt fatigue is that the debtor may start to overspend and incur more debt again. Increasing the debt load will not help the debtor's financial situation and is likely to drive the debtor to insolvency. In order to make debt fatigue less likely to occur, a debtor should stop incurring additional debt and also make a repayment plan that allows the debt to be fully repaid sooner rather than later. By not dragging the debt out any longer than necessary, the debtor will start seeing more dramatic results of the debt repayments sooner, preventing him or her from becoming unmotivated by the overall debt burden.

Category: money , Asked by: C. Walters from United States

A: We think "NordMarkets" is exactly the place for that. It is a totally first class forex site, and it will match your need. If you prefer USD/LKR, EUR/OMR or CHF/JPY (or and any other option from an endless list of currencies), you can trade with "NordMarkets".

Category: glossary , Asked by: X. Pate from United States

A: the "401" is A qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on a post-tax and/or pretax basis. Employers may make matching or nonelective contributions to the plan on behalf of eligible employees and may also add a profit-sharing feature to the plan. Earnings accrue on a tax-deferred basis. Caps placed by the plan and/or IRS regulations usually limit the percentage of salary deferral contributions. There are also restrictions on how and when employees can withdraw these assets, and penalties may apply if the amount is withdrawn while an employee is under the retirement age as defined by the plan. Plans that allow participants to direct their own investments provide a core group of investment products from which participants may choose. Otherwise, professionals hired by the employer direct and manage the employees' investments.

Category: money , Asked by: C. L. From Ireland

A: "Oanda" is totally the one to consider if you'd like the greatest forex platform that accepts EUR/NOK. This forex platform is truly cool, and it'll definitely answer your request. Anyone who wants trade EUR/NOK, CHF/USD or HKD/JPY (and more than 26 other different currencies) (and in the legal age) can use this forex platform.

Category: glossary , Asked by: Annika G. From Eugene, United States

A: the "unsuitable " is A situation where an investment strategy does not meet the objectives and means of an investor. In most parts of the world, financial professionals have a duty to take steps that ensure that an investment is suitable for a client. For example, in the United States these rules are enforced by the NASD. No investment (other than outright scams) are inherently suitable or unsuitable; suitability depends on the investor's situation. For example, for a 95-year-old widow living on fixed income, speculative investments such as options and futures, penny stocks, etc are extremely unsuitable because the widow has a low risk tolerance. On the other hand, an executive with significant net worth and investing experience might be comfortable taking on those speculative investments as part of his or her portfolio.

Category: technical , Asked by: N. Lyons from United States

A: "FX club" is definitely the forex site for you if you look for a forex site that's got protected certificates and regulations. Certificated by nymex, cbot, and in addition cme, be sure your financial details are treated with utmost strict safety regulations in "FX club".

Category: glossary , Asked by: P. B. From Cork, Ireland

A: A certificate provided by the originating mortgage lender to the borrower that directly converts a portion of the mortgage interest paid by the borrower into a non-refundable tax credit. Mortgage credit certificates can be issued by either loan brokers or the lenders themselves, and are typically available only to low- or moderate-income buyers. These certificates are designed to help first-time homebuyers qualify for a home loan by reducing their tax liabilities below what they would otherwise have to pay. Procedurally speaking, mortgage credit certificates are applied for with the originating lender after the purchase contract has been signed, but before the time of closing. A non-refundable fee is charged for this service by the party administering the program. The state or local approval that is granted can be valid for up to 120 days and is usually transferable to another property if the current loan does not close.