What is Seller Financing? In very general terms, seller financing can be described as a loan provided by a seller to a buyer. In real estate, seller financing is also called “owner financing” or “bond-for-title.” In such cases, the buyer signs a mortgage agreement with the seller, and the seller handles the process. Such a…
What is the New Growth Theory (NGT)? The New Growth Theory – sometimes referred to as the NGT – is a fresh take on the drivers behind economic prosperity and growth. The NGT suggests that the productivity and growth of the economy are tied directly to people – more specifically, to what they want and…
What is a Hot Wallet? A hot wallet refers to a virtual currency wallet that is accessible online, and it facilitates cryptocurrency transactions between the owner and end-users. A collection of private keys stored on a program connected to the internet is used to store and send different currencies such as Bitcoin. By storing and…
What is a Margin Account? A margin account refers to a type of brokerage account that investors use where they can borrow funds to purchase financial products. Investors are required to pay a monthly interest rate on the amount borrowed from the brokerage. A margin-approved account increases the customer’s power to purchase more securities, such…
What is a Stalking-Horse Bid? In bankruptcy cases, a stalking-horse bid refers to a deal with a potential buyer that is hidden from the public, creditors, and the courts. Usually, when a company is preparing to file bankruptcy, it chooses an entity from a pool of interested bidders to make the first bid to buy…
What is the Spot Exchange Rate? The spot exchange rate is the current amount one currency will trade for another currency at a specific point in time. It is the open market price that a trader will pay to buy another currency. Generally, the spot exchange rates are regulated by the global foreign exchange market,…
What is Spider (SPDR)? Spider (SPDR), also pronounced and written as Spyder, refers to the Standard and Poor’s Depositary Receipts. It is also the trademark of Standard and Poor’s Financial Services LLC, a subsidiary of Standard & Poor’s (S&P) global owned by State Street Global Advisor (SSGA). SPDR belongs to a family of exchange-traded funds…
What is Spillover Effect? Spillover effect can refer to a positive or a negative economic, social or political impact, but more often negative, that is experienced in one region or across the world due to an independent event occurring from a seemingly unrelated event. More often, the event occurs in a specific country, which leads…
What is Spinning Top Candlestick? Spinning top candlestick is a pattern with a short body between an upper and a lower long wick. The spinning top illustrates a scenario where neither the seller nor the buyer has gained. It results in equal opening and closing price units. The formation of a spinning top candlestick helps…
What is Communism? Communism is a social, political, and economic ideology in which the means of production are owned communally, and it advocates for a classless society with little or no private ownership of property. The Communist theory was founded by German political philosophers and economists Karl Marx and Friedrich Engels in the second half…
