Casualty Insurance Casual insurance is usually related to liability and less related to personal health, asset protection, or life insurance. Homeowners insurance is a type of property…
BNP Paribas According to international statistics, BNP is the top bank in Europe. BNP Paribas is a French multinational bank that provides retail and corporate banking in…
Bank Secrecy Act (BSA) The Bank Secrecy Act (BSA), also known as the Currency and Foreign Transaction Reporting Act, was enacted by the U.S. Congress in 1970 to require…
Receivership A receivership is a remedy available to the securities payers for the recovery of the amount covered under the secured underwriter which defaults the defaulter…
Open Market Operation Open market operations refer to the sale and purchase of government securities and treasury bills by the country’s central bank to regulate the financing of…
Disadvantages of Common Stock Disadvantages of Common Stock Common stock is a form of corporate equity ownership, a type of security. Common stock owners can profit from the capital…
Advantages of Common Stock Common stock is a type of equity share issued by a corporation or entity. The buyers of common stock are referred to as shareholders. These…
Common Stock Common stock Common stock is a security that represents ownership in a corporation. It represents ownership shares in a corporation and the stock most people…
Condominium The condominium is a huge property complex that is divided into individual units and sold. Ownership usually includes discouraging interest in some “community property” regulated…
Market Failure Market failure is a general term that describes situations where market results are not Pareto efficient. Market failure can be seen in situations where the…