A zero balance card is a credit card on which a consumer does not owe any money because they have paid any balances owed in full and has not made any new purchases.
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Month: April 2020
A real estate limited partnership (RELP) is a group of investors who pool their money to invest in property purchasing, development, or leasing. Under its limited partnership status, a RELP has a general partner who assumes full liability and limited partners who are liable only up to the amount they contribute.
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International Investing
International investing involves selecting global investment instruments as part of a geographically diversified portfolio. People often invest internationally to increase the diversification of their portfolio and spread investment risk among foreign markets and companies.
There has been report of Kim Jong-un not feeling so well, some even guess that he is in vegetative stage or even dead. So what will happen if he is no longer the supreme leader of North Korea? Who will be the next leader?
Vegetative stage basically mean the person is brain dead, not responding to what around him or her, no awareness what so ever, it’s like a human body without a soul. It’s sad for that to happen with any human being whether you’re a cruel person or not. This had happened to one person captured by North Korea, his name was “Otto Frederick Warmbier” somehow he was in vegetative stage during his prison sentence in North Korea, the North Korean didn’t know what to do, so he send Otto back to the USA and not so long after, maybe days or weeks he died. Some people might say “what goes around comes around”
According to bloomberg article: “
How long will the oil war last?
How long can the vicious oil-price war between Saudi Arabia and Russia last? If history is any guide, the battle will be a long one. Riyadh has waged four price wars, including the current one, over the last 35 years. All of them lasted at least a year, and prices plunged at least 50%.Mar 17, 2020
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Overall Turnover
Overall turnover is a synonym for a company’s total revenues. It is a term that is most commonly used in Europe and Asia. For example, a European or Asian company’s press release that announces overall turnover increased 20% last year simply means that gross revenues or total sales increased by that percentage.
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Currency Peg
A currency peg is a policy in which a national government sets a specific fixed exchange rate for its currency with a foreign currency or a basket of currencies. Pegging a currency stabilizes the exchange rate between countries. Doing so provides long-term predictability of exchange rates for business planning. However, a currency peg can be challenging to maintain and distort markets if it is too far removed from the natural market price.
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Discouraged Worker
A discouraged worker is a person who is eligible for employment and can work, but is currently unemployed and has not attempted to find employment in the last four weeks. Discouraged workers have usually given up on searching for a job because they found no suitable employment options or failed to secure a job when they applied.
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Underemployment
Underemployment is a measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized in terms of skills, experience and availability to work. Labor that falls under the underemployment classification includes those workers who are highly skilled but working in low paying or low skill jobs, and part-time workers who would prefer to be full-time. This is different from unemployment in that the individual is working but is not working at his full capability.
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iShares
A global leader in exchange-traded funds (ETFs), iShares, Inc. has nearly $2 trillion invested in more than 800 different product offerings across a wide range of asset classes and investment strategies. iShares is a subsidiary Blackrock, the world’s largest asset management company, and Blackrock is responsible for issuing and marketing iShares products,