The late 1990’s saw a huge uptick in the number of tech startups, as the age of the Internet took hold and new companies scrambled for a share of the action.
As more and more people began to access the world (wide web) of information, new technology companies became more and more abundant in an effort to tap the commercial potential of having a global customer base. This led to excessive valuations of companies that didn't even yet have earnings, as investors poured money in hoping for the "next big thing."
Eventually, due to a combination of court cases revealing unsound business practices, wild overvaluations, and the drying up of seed money, the market popped the bubble in 2000. Prices fell sharply as the new companies failed and investors lost huge sums of money, and the market did not resume its upward course until 2002.
A maintenance margin is the minimum amount of equity an investor must keep in a brokerage account to cover margin balances
Freddie Mac is a government-sponsored company which purchases mortgages from banks and securitizes them for sale
Accounting controls are meant to ensure that the numbers being put onto the books are accurate
The Accounts Receivable line will contain the amounts owed to the company which are due to be received in the near future
If a bank forecloses on a home, and it does not sell at auction, it becomes bank-owned-property (or real estate owned)
In general, you can’t withdraw money from a Pension Plan before you retire
A market-with-protection order allows investors to hedge against the change that prices will move unexpectedly before...
Technical analysis is a method of evaluating the worth and probable future direction of security prices using charts...
The Symmetrical Triangle Top pattern forms when a currency pair price fails to retest a high or low and forms two trend lines