Category: Economics
The Expedited Funds Availability Act (EFAA) plays a pivotal role in the banking system by regulating hold periods on deposits made to commercial banks. Enacted by the U.S. Congress in 1987, the EFAA ...
Category: Economics
Real estate ownership is a complex issue that often leads to disputes and legal challenges. One of the prevalent tools in resolving such disputes is a **quiet title action**. This article provides an...
Category: Economics
An **emergency fund** is an essential financial tool designed to provide a safety net during periods of financial distress. It consists of liquid assets that individuals can tap into during emergenci...
Category: Economics
Open cover is a specialized form of marine insurance designed to provide comprehensive protection for companies engaged in frequent shipping activities. This form of insurance is crucial for business...
Category: Economics
The **Hang Seng Index (HSI)** is a critical benchmark that is instrumental in assessing the performance of the equity market in Hong Kong. As a free-float market capitalization-weighted index, the HS...
Category: Economics
**Unlimited risk** is a term commonly thrown around in trading and investing circles, often associated with high-risk strategies. Simply put, it refers to situations where an investor could potential...
Category: Economics
## What Is a Payroll Tax? Payroll taxes are mandatory financial contributions made by both employees and employers based on wages, salaries, tips, and other forms of compensation. These taxes are pr...
Category: Economics
The eurocurrency market plays a pivotal role in the global financial system. It serves as a money market for currencies held outside the country of their legal tender—this space is utilized extensive...
Category: Economics
The Howey Test is a fundamental legal framework used in the United States to determine whether certain transactions qualify as "investment contracts" under federal securities laws. First established ...
Category: Economics
The **Consumer Price Index (CPI)** is a crucial economic indicator that measures the average change over time in the prices paid by urban consumers for a basket of goods and services. Maintained and ...