What is the Statute of Frauds? The statute of frauds is a foundational principle of common law that requires – for them to be enforceable – some types of contracts to be written rather than merely oral agreements. It is a longstanding and well-established legal principle, originating in 17th century English law. The original legislative…
What are Sampling Errors? Sampling errors are statistical errors that arise when a sample does not represent the whole population. They are the difference between the real values of the population and the values derived by using samples from the population. Sampling errors occur when numerical parameters of an entire population are derived from a…
What is Key Currency? Key currency is a currency that does not fluctuate too broadly, helps in setting exchange rates, and supports global transactions. The term “key currency” can also be used to define prominent currencies in the world. Since a key currency is recognized globally, it can set the value of other currencies. Key…
What is a Samurai Bond? A samurai bond is a corporate bond issued by foreign companies in the Japanese market and is required to abide by the Japanese regulations. It is a yen-denominated bond that attracts investors from Japan, providing capital to a non-Japanese issuer. Samurai bonds provide issuers access to the financial market and…
What is Stock Analysis? Stock analysis refers to the method that an investor or trader uses to evaluate and investigate a particular trading instrument, investment sector, or the stock market as a whole. Stock analysis is also called equity analysis or market analysis. Investors or traders make buying or selling decisions based on stock analysis…
What is a Stock Screener? A stock screener is an instrument used by investors and traders for the separation of stocks based on defined metrics. It provides its users with a choice to select trading instruments suitable for any criteria or profile. Stock screeners are available on trading platforms and popular websites, either free or…
What is a Non-Cancellable Insurance Policy? A non-cancellable insurance policy is one in which the supplier (insurance company) cannot increase premiums or change/reduce the benefit the customers receive for the entirety of the customer’s life or until the customer would no longer like to receive the insurance/benefit. Most often, such a type of insurance policy…
What is a Finance Charge? A finance charge refers to any cost related to borrowing money, obtaining credit, or paying off loan obligations. It is, in short, the cost that an individual, company, or other entity incurs by borrowing money. Any amount that a borrower needs to pay in addition to paying back the actual…
What is a Hammer Candlestick? A hammer candlestick is a candlestick formation that is used by technical analysts as an indicator of a potential impending bullish (upside) reversal in the trading of a financial security. The hammer pattern is seen as one of the most reliable indicators in candlestick charting, especially when it occurs after…
