Term of the Day


An official document representing an action on the part of the board of directors of a corporation.More generally, an expression of intent to do something.

Follow Us

Featured Subjects and Definitions

Browse All Subjects

Investing Tip

Investing with a Calculated Reason

by Seth Klarman

Security prices sometimes fluctuate, not based on any apparent changes in reality, but on changes in investor perception. Successful investors tend to be unemotional, allowing the ...

What is the Difference Between Gambling and Investing?

“It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of stock exchanges.”...

Week 12: Personal Finance Guide Review – Part 1

Since we have now covered most of the major topics in Personal Finance Guide, it’s time to start going over what we feel are the most important points fro...

Week 10: Finding the Right Bank For You

This week we’re going to be discussing something that applies to all of our readers: bank accounts. What many people don’t know is that all bank acc...

Week 9: The Definitive Guide to Retirement Planning

We are now on to our 9th week of Personal Finance Guide… and it is time to learn more about retirement planning. We’ve touched on topic in previous ...

Week 8: 4 Essential Insurances – Are You Fully Covered?

Now that you’ve had some time to organize your taxes, let’s move on to the topic of insurance. In case you missed one of our newsletters, check out ...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z