-
Credit Card
What Is a Bullet CD Strategy?
A bullet certificate of deposit (CD) strategy is a method of buying several CDs that mature at the same time.…
Read More » -
Credit Card
What Is the Nominal Interest Rate?
The nominal interest rate is composed of the real interest rate plus a premium for inflation expectations. The nominal interest…
Read More » -
Credit Card
What Is Underweight in Investing?
The term “underweight” refers to a fund or portfolio with less of a percentage of a certain stock or sector…
Read More » -
Credit Card
What Is Wage Garnishment?
Wage garnishment is a process that withholds a portion of an employee’s earnings to repay a debt they owe. It’s…
Read More » -
Credit Card
What Is a Settlement Bank?
A settlement bank, also known as an “acquirer” or “acquiring bank,” works on the merchant’s end to assist with taking…
Read More »