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Appraisal is a process of evaluating of property, valued object and even a business by an authorized and licensed person. One has to have a designation from a regulatory body to be able to do an appraisal.

 

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Monopolistic market is a theoretical condition in the market where only one company or only one service can be offered to the public. It is a direct opposite of a competitive market.

 

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Dry powder is a slang term used to describe an extremely liquid security. It is so liquid that it is considered to be cash-like.

 

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Market timing is the act of moving in and out of the market and switching between different segments and securities basing one’s decision in the economic data and technical indicators. Those who use this strategy are often not as profitable as those who remain invested as it is impossible to predict the movement of the market.

 

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