what-does-daily-interest-accrual-mean?

In financial terminology, “accrues” means the same thing as “accumulates.” Interest is considered accrued when it is added to the balance on the account, which accrues on loans such as a mortgage, on savings accounts, student loans, and on other investments. Interest can accrue on any time schedule; common periodsContinue Reading

what-is-in-the-brexit-deal?

On Dec. 24, 2020, leaders of the European Union and the United Kingdom announced that they had agreed on a trade deal called the Trade and Cooperation Agreement (TCA). The deal came more than four years after the 2016 Brexit referendum and eleven months after the U.K.’s legal departure from theContinue Reading

what-is-reinsurance?

Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit their own total loss in case of disaster. Described as “insurance of insurance companies” by the Reinsurance Association of America, the idea is that no insurance company has too much exposure to aContinue Reading

what-is-a-bull-put-spread?

A bull put spread is a variation of the popular put writing strategy, in which an options investor writes a put on a stock to collect premium income and perhaps buy the stock at a bargain price. A major risk of put writing is that the investor is obligated toContinue Reading

how-to-find-the-best-social-security-lawyer

If you have a Social Security dispute that you can’t resolve on your own, finding a lawyer can be the next step. Since you may not have a lot of experience looking for lawyers—particularly lawyers specializing in Social Security—we put together a guide to help you find the right oneContinue Reading