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Q: please define the "early withdrawal"

Category: glossary , Asked by: Mckayla T. From Switzerland

A: an "early withdrawal " is The removal of funds from a fixed-term investment before the maturity date, or the removal of funds from a tax-deferred investment account or retirement savings account (such as an IRA) before a prescribed time, such as the account owner's attainment of a minimum age requirement. When an early withdrawal is made, the investor usually incurs an early withdrawal fee, which acts as a deterrent to frequent withdrawals before the end of the early withdrawal period. As such, an investor would usually only opt for an early withdrawal if there were pressing financial concerns that warranted it, or if he/she had a markedly better use for the funds. Visit Dukascopy

  1. Q: what is a "negatively amortizing loan"?

    Category: glossary , Asked by: Baylee Q. From Linz, Austria

    A: A loan with a payment structure that allows for a scheduled payment to be made where it is less than the interest charge on the loan at the time the scheduled payment is made. When a payment is made which is less than the interest charge at the time, deferred interest is created. The amount of deferred interest created is added to the principal balance of the loan, leading to a situation where the principal owed increases over time instead of decreases. For example, consider a loan with an 8% annual interest rate, a remaining principal balance of $100,000, and a provision that allows the borrower to make $500 payments at a certain number of scheduled payment dates. The interest due on the loan at the next scheduled payment would be: 0.08 / 12 x 100,000 = $666.67. If the borrower makes a $500 payment, $166.67 in deferred interest ($666.67 - $500) will be added to the principal balance of the loan for a total remaining principal balance of $100,166.67. The next month

  2. Q: do you know what "two-way price" is?

    Category: glossary , Asked by: B. Dawson from Germany

    A: the "two-way price " is When both a bid and offer rate is quoted for a FX transaction.

  3. Q: please define a "factors of production"

    Category: glossary , Asked by: Frankie L. From Ireland

    A: An economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production include land, labor, capital and entrepreneurship. In essence, land, labor, capital and entrepreneurship encompass all of the inputs needed to produce a good or service. Land represents all natural resources, such as timber and gold, used in the production of a good. Labor is all of the work that laborers and workers perform at all levels of an organization, except for the entrepreneur. The entrepreneur is the individual who takes an idea and attempts to make an economic profit from it by combining all other factors of production. The entrepreneur also takes on all of the risks and rewards of the business. The capital is all of the tools and machinery used to produce a good or service.

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