ordinary annuity vs annuity due

Ordinary Annuity vs Annuity Due – What’s the Difference?

What Is Ordinary Annuity vs Annuity Due? There are several key differences between an ordinary annuity vs annuity due. An annuity is a series of payments made or received over a predetermined period of time. The timing of those payments differs based on the type of annuity. In general, the […]

Water ETF

Water ETF Definition – Water ETF List, Ratings, Holdings, Analysis

What is Water ETF? A water ETF can be a convenient way to gain exposure to the water industry with one fund. A typical water ETF invests in water utilities and companies involved in water purification and distribution.  However, it can encompass the entire water delivery industry including sewer and […]

Equilibrium Price

Equilibrium Price Definition – What Does Equilibrium Price Mean?

What Is Equilibrium Price? Equilibrium is the state in which market supply and demand balance each other. As a result, prices become stable.  The equilibrium price is that stable price which, if attained in the market, will be maintained.  At least until some disturbing factor causes a change in demand […]

Promissory estoppel

Promissory Estoppel Definition – Examples of Reliance on Promises

What Is Promissory Estoppel? Promissory estoppel is a legal doctrine. It states a promise is enforceable by law, even if made without formal consideration.  It can be invoked when a promisor has made a promise to a promisee who then relies on that promise to his subsequent detriment. Promissory estoppel […]

Carding Forum

Carding Forum – What is a Credit Card Fraud Forum

What Is a Carding Forum? A carding forum is an illegal website dedicated to sharing stolen credit card information. The forum usually includes credit card information that has been illegally obtained.  There is also a discussion board in which members of the forum may share techniques used in obtaining credit […]

lien sale

Lien Sale Definition and Frequently Asked Questions

What Is a Lien Sale? A lien sale is the sale of the claim placed on an asset to satisfy an unpaid debt. The new lien holder does not own the property, just lien.  A lien is the claim, or hold placed on an asset to satisfy an unpaid debt. […]