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The vocabulary that separates the pros from the amateurs.
The gearing ratio, also known as the leverage ratio, is a measure of a company's financial leverage. It is calculated by dividing a company's total debt by its equity. A high gearing ratio indicates t...
A kiwi is a flightless bird native to New Zealand. It is also the national animal of New Zealand. The kiwi is a small bird, about the size of a chicken. It has brown feathers and a long, thin beak. Th...
A modified endowment contract (MEC) is a type of life insurance policy that has been modified to make it more like an investment product. MECs are often sold as retirement savings vehicles, but they c...
A guaranteed investment certificate (GIC) is a type of investment that provides a guaranteed return on your investment. GICs are offered by banks, credit unions, and other financial institutions. The...