A notary is a publicly commissioned official who serves as an impartial witness to the signing of a legal document. Document signings where the services of a notary are likely include real estate deeds, affidavits, wills, trusts and powers of attorney. The main reason a notary is used is to deter fraud. Notaries cannot refuse to witness a document based on race, nationality, religion or sex.
An exit strategy is a contingency plan that is executed by an investor, trader, venture capitalist, or business owner to liquidate a position in a financial asset or dispose of tangible business assets once predetermined criteria for either has been met or exceeded.
A notary is a publicly commissioned official who serves as an impartial witness to the signing of a legal document. Document signings where the services of a notary are likely include real estate deeds, affidavits, wills, trusts and powers of attorney. The main reason a notary is used is to deter fraud. Notaries cannot refuse to witness a document based on race, nationality, religion or sex.
An exit strategy is a contingency plan that is executed by an investor, trader, venture capitalist, or business owner to liquidate a position in a financial asset or dispose of tangible business assets once predetermined criteria for either has been met or exceeded.
Neoclassical economics is a broad theory that focuses on supply and demand as the driving forces behind the production, pricing, and consumption of goods and services. It emerged in around 1900 to compete with the earlier theories of classical economics.
A fiscal year is a one-year period that companies and governments use for financial reporting and budgeting. A fiscal year is most commonly used for accounting purposes to prepare financial statements. Although a fiscal year can start on January 1st and end on December 31st, not all fiscal years correspond with the calendar year. For example, universities often begin and end their fiscal years according to the school year.
A target-date fund is a fund offered by an investment company that seeks to grow assets over a specified period. The structuring of these funds addresses an investor’s capital needs at some future date—hence, the name target date. Most often, investors will use a target date fund to apply to their onset of retirement. However, these mutual funds may find a use in many portfolios that need to specify funds for a future event such as a child entering college.
The hot waitress economic index is an informal measure of the state of the economy that is compiled by counting the number of attractive people working as waiters/waitresses.
A jackpot is a large windfall derived from an act of gambling. In finance, jackpots refer to large investment returns reaped over a short period of time.
Listing requirements comprise the various criteria and minimum standards established by stock exchanges, such as the New York Stock Exchange, to allow membership in the exchange. Only if an exchange’s listing requirements are met can a company list shares for trading.