Adjustable-Rate Mortgage (ARM): What It Is and Different Types
What Is an Adjustable-Rate Mortgage (ARM)? The term adjustable-rate mortgage (ARM) refers to a home loan with a variable interest rate. With an ARM, the initial interest rate is fixed…
What Is a Mortgage? Types, How They Work, and Examples
What Is a Mortgage? A mortgage is a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay…
Cryptocurrency Rules & Regulations You Should Know
Over the past decade, the cryptocurrency market has significantly grown in size and popularity worldwide. As demand for Bitcoin and other cryptocurrencies increases, each country has been making legal decisions…
The 2007–2008 Financial Crisis in Review
The 2007-2008 Financial Crisis In Review The financial crisis of 2007–2008 was years in the making. By the summer of 2007, financial markets worldwide showed signs that the reckoning was…
Reserve Requirements: A Definition, History, and Example
What Are Reserve Requirements? Reserve requirements are the amount of cash that financial institutions must have, in their vaults or at the closest Federal Reserve bank, in line with deposits…
What Is a Bear Market? Definition and How to Invest During One
When assets plummet 20% from recent highs, Bear markets are among the scariest market events you’ll encounter. But long-term investors can stay the course. The words “bear market” strike fear…
Shareholder (Stockholder): Definition, Rights, and Types
What Is a Shareholder? A shareholder is a person, company, or institution that owns at least one share of a company’s stock or in a mutual fund. Shareholders essentially own…
Law of Supply and Demand in Economics: How It Works
What Is the Law of Supply and Demand? The law of supply and demand combines two fundamental economic principles describing how changes in the price of a resource, commodity, or…
What Is a Certificate of Deposit?
A certificate of deposit (or CD) is considered a type of savings account, but a CD holds your money for a fixed time period in exchange for a higher rate…
IRS News – February 10th – 2023
The Internal Revenue Service, or IRS, is a public authority of the United States Federal Government. The IRS is responsible for all tax collection and controls the implementation of tax…