Regret avoidance is a theory that works off of the traders’ refusal to admit their failure in investment decision. In other words, refusal to admit poor and possibly failed investment that led to losses.

 

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Cabinet crowd is a name for a group of brokers in NYSE who deal with inactive binds. Trading them is very light which usually results in a broad bid-ask spread and low liquidity.

 

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Loan servicing is a period of time and combination of actions which can be observed after the loan is given out right up until the moment it is fully paid off. The process includes sending and collecting monthly payments, maintaining records of said payments, balancing the account, collecting and paying taxes and insurance and so on.

 

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