Mortgage Financing

What is Mortgage A mortgage is a device used to create a lien on real estate by contract. It is used as a method by which individuals or businesses can buy residential or commerical property without paying the full value upfront. The borrower also known as mortgagor,...

How Online Trading Works

What is Online trading? Online Trading is the act of buying and selling or placing orders for financial securities and/or currencies with the use of a brokerage’s internet-based proprietary trading platforms. Online trading generally requires an online trading...

WHAT TO KNOW BEFORE TAKING THAT LOAN

A loan is a financial transaction where a lender gives the borrower money which must be paid along with interest at a specified later date. People apply for loans for a lot of reasons. It could be to start a business, buy a house or a car. Before getting a loan, it is...

Why You Need a Car Insurance Policy

What is car insurance? Car insurance also known as auto insurance protects people against financial loss if they have accident. It is a contract between someone and the insurance company. He She agrees to pay the premium and the insurance company agrees to pay his/her...

Life Assurance Policy

Definition of Life Assurance Life Assurance provides a cash lump sum in the event of the death of the life assured. It is a coverage of an event that is certain to happen. Note that Assurance is similar to insurance (and sometimes the terms are interchangeable) except...