PHOTO: SIRI STAFFORD / GETTY IMAGES The time value of money is crucial to all financial planning, from the decision you make to buy or lease a car to…
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PHOTO: THE BALANCE / MADDY PRICE A price-to-earnings ratio, or P/E ratio, is the measure of a company's stock price in relation to its earnings. …
PHOTO: SHAPECHARGE / GETTY IMAGES DEFINITION: Arbitration is the process of resolving disputes between two parties without going to court. In invest…
PHOTO: ALISTAIR BERG / GETTY IMAGES DEFINITION: The rule of 70 is a simple mathematical formula that can be used to approximate how long it takes fo…
PHOTO: KALI9 / GETTY IMAGES DEFINITION: The spot price is the current price you’ll pay to acquire a stock, bond, commodity, or currency instantly. D…