How To Articles

Zakat is a mandatory for all the Muslims practice that involves investing part of their income in an obligation which is further donated in some kind of charity.

Yuppie is a derogative term used to describe a segment of the market, dominated by young urban professionals. The main feature of such a professional are youth, affluence and success in the field. The like to show off and are often the bud of the jokes for older traders.

Haircut is a term that refers to the difference in prices at which a market maker can purchase and sell a security. The name of the term comes from the fact that traders can execute trades on a very thin spread.

Having an absolute interest means to be of full ownership and of full control as well as hold all of the right to an asset. It can be held on real estate. Jewelry, various business or an investment. The main feature of the absolute interest is the fact that no third party can claim the right to the asset and profits it may bring.

A managed account is a trading account that is not managed by a trader themselves, but by a hired financial professional or money manager. For the account holder it means that his portfolio is cut out just for their needs without so many possibilities for a mistake.

Joint bond occurs when 2 or more partners give guarantees for interest and principal. In case of default those, holding the bonds have the right to claim any of the assets of the issuing institution. Joint bond reduces risks and borrowing cost.