Learn about investing, trading, retirement, banking, personal finance and more.
As a general statement, a liability refers to some form of currency (money or service) that is owed from one party to another, typically in the form of debt or a balance outstanding.
On a balance sheet, a company’s liabilities would include its loans, accounts payable, outstanding debt. Short-term liabilities are generally those owed within a year, whereas long-term liabilities might stretch beyond that.
The interbank rate is the average lending rate used between banks of similar size when they borrow money from each other
Intraday trading means opening and closing a position, or buying and selling a security within the same trading day
The Inverted Cup-and-Handle pattern forms when prices rise then decline to create an upside-down “U”like shape
Foreign Transaction Fee. Credit cards & debit cards will charge an additional percentage on transactions made abroad
In a dividend arbitrage, money is made by purchasing a stock before the ex-dividend date and then exercising a put...
The Broadening Wedge Descending pattern forms when a stock price makes lower lows and lower highs, forming a downtrend
Form 1040-X is the amendment form used to change previously submitted information from the 1040, 1040-A, or 1040-EZ
Social Security uses mandatory payroll taxes to grow trust funds that are used to pay income to retirees (qualified ppl)
The IRS has already paved the way for employers to pay wages using bitcoin and other cryptocurrencies
Many examples of open-source software exist today, including the code for Bitcoin and other cryptocurrencies