One one-hundredth (.01) of a percentage point. For example, eight percent is equal to 800 basis points.
A company may decide to declare bankruptcy when it suffers from crippling debt. Federal bankruptcy laws govern how the assets…
Filing for protection under the federal bankruptcy laws can help companies make plans to repay their debts. A bankrupt company…
The SEC routinely receives questions and complaints from investors about the investment products they have purchased. But not all investments…
A sales charge, also known as a "deferred sales charge," investors pay when they redeem (sell) mutual fund shares. Funds…
Investments that have similar characteristics. The three main asset classes are stocks, bonds, and cash.
Asset allocation involves dividing your investments among different categories, such as stocks, bonds, and cash.
In the over-the-counter market, the term "ask" refers to the lowest price at which a market maker will sell a…
The term "bid" refers to the highest price a buyer will pay to buy a specified number of shares of…
Arbitration, a form of alternative dispute resolution, is a technique for the resolution of disputes outside the court system. In…