Simply put, silver standard is a monetary arrangement where national currency can be converted into a certain amount of silver. With this system exchange rate is basically the difference between the amount of silver behind each of the currency. It was popular pre-20th century.
Financial advisor is a hired person who can provide financial guidance for virtually a member of any society and any profession. The can advise on retirement questions, financial possibilities and products as well as real estate and savings management.
Liquidating of the dividends is a process that is initiated by the company towards its shareholders and investors during the shutdown of the company. These are monetary distribution which are primarily taken from the base fund of the company. These monetary gains are usually not taxed as they are accounted as return of the capital.
Outsourcing is the practice for the big and medium businesses to hire working power outside of the country of originating of the business, despite it still being registered there. It is usually done with the intentions to cut costs.
Volatility swap is a forward contract with payments basing on realized volatility. The cash in such cases is settled based on the difference between the realized volatility and volatility strike.
Adverse selection is a situation when either seller or a buyer has a piece of information that the other party doesn’t have. The information in this case usually refers to the quality of the product in question.
Outside broker can refer to several things:
1. Broker who deals outside of the major exchange and deals with major securities.
2. A broker who deals with securities which aren’t traded in the exchange where he works.
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