Which forex platform has got the longest experience?
Category: general by Y. X. From Henderson, United States
We believe "UFX bank" is the place if you're looking for forex platform that has a reliable experience. UFX bank a Dalton House, 60 Windsor Avenue, London SW19 2RR residing upcoming web-based foreign currency exchange facilitator, was established on 2008. After stepping off to an austere start, and throughout recent past, UFX bank has ripened into one of the productive systems online.
please define the "accounts payable"
Category: glossary by V. G. From Luxembourg
an "accounts payable " is Amounts owed by an organisation or individual to another for goods or services it has received.
do you know what a "basle committee" is?
Category: glossary by J. Hampton from United Kingdom
Committee set up by the Bank of International Settlements and based in Basle. It drew up international capital adequacy standards for banks and was once known as the Cooke Committee, after a former chairman.
do you know what a "property tax" is?
Category: glossary by R. B. From Richmond, Canada
A tax charged on real property and assessed according to whether it is used for residential, commercial or industrial purposes. In the UK a form of property tax is the council tax.
please tell me what the "truth in lending act - tILA" is
Category: glossary by Ava X. From United States
A federal law enacted in 1968 with the intention of protecting consumers in their dealings with lenders and creditors. The Truth in Lending Act was implemented by the Federal Reserve through a series of regulations. The most important aspects of the act concern the pieces of information that must be disclosed to a borrower prior to extending credit: annual percentage rate (APR), term of the loan and total costs to the borrower. This information must be conspicuous on documents presented to the consumer before signing, and also possibly on periodic billing statements. TILA applies to most types of credit, whether it be closed-end credit (such as an auto loan or mortgage), or open-ended credit (such as a credit card). The act regulates what companies can advertise and say about the benefits of their loans or services. For example, borrowers considering an adjustable-rate mortgage must be offered specific reading materials from the Federal Reserve Board to ensure they understand the parameters of an ARM. Different states and industries have their own variations of TILA, but the chief feature remains the proper disclosure of key information to protect both the consumer and the lender in credit transactions.
Will you give me a tip for a forex site that has protected certificates and regulations?
Category: technical by Skylar O. From Spokane, United States
If you need a forex site that's got the most protected supervising certifications, we advice you to explore "Global Forex Trading (GFT)" - certificated by ASIC (Australia), CFTC, as well as FSA (Japan), be certain it's safe to deposit in this site.
what is a "joint tenants in common"?
Category: glossary by J. X. From Dublin, Ireland
A type of brokerage account which is owned by at least two people with no rights of survivorship afforded to any of the account holders. In this type of brokerage account, a surviving tenant of the account does not necessarily acquire the rights (and account assets) of the deceased person. Rather, each tenant in the account can stipulate in a written will how his/her assets will be distributed upon his/her death. Generally, the member ownership in the account is determined on a pro rata basis, meaning that if there are two tenants in the account, each will have a 50% claim on the account's value.
please define the "direct method"
Category: glossary by H. T. From United States
a "direct method " is A method of creating a statement of cash flows during a given reporting period. The method uses actual cash flow information from the company's operations segment, instead of using accrual accounting values. Under both the direct and indirect method, the presentation of the cash flow from investing and financing activities will be identical. Under the direct methods, the only section of the cash flow statement that will differ in presentation is the cash flow from operations section. Since the direct methods uses actual cash flow information, such as the actual cash outflow of all overhead expenses, there usually must be a different method of calculation for the company's internal controls.
do you know what a "financial instrument" is?
Category: glossary by W. X. From Santa Clara, United States
the "financial instrument " is A real or virtual document representing a legal agreement involving some sort of monetary value. In today's financial marketplace, financial instruments can be classified generally as equity based, representing ownership of the asset, or debt based, representing a loan made by an investor to the owner of the asset. Foreign exchange instruments comprise a third, unique type of instrument. Different subcategories of each instrument type exist, such as preferred share equity and common share equity, for example. Financial instruments can be thought of as easily tradeable packages of capital, each having their own unique characteristics and structure. The wide array of financial instruments in today's marketplace allows for the efficient flow of capital amongst the world's investors.
Would you refer me to a site with a great collection of currencies?
Category: money by Z. Rodgers from Waterbury, United States
We think "FX club" is definitely the one to consider if you're looking for an online fx platform which allows purchasing EUR/ZAR. This online fx platform is outstanding, it has the option need. The approachable currencies in "FX club" are: EUR/ZAR, PKR/SGD or GBP/MAD (or any other choice from a various list of available options).