The terms "cost" and "expense" are often used interchangeably. However, in accounting, there is a conceptual difference between the two...

An interim financial report is a financial report for an interim period constituting either a complete set of financial statements...

A CMO (collateralized mortgage obligation) is a structured product that is backed and collateralized by a pool of mortgage loans...

A CMO (collateralized mortgage obligation) is a structured product that is backed and collateralized by a pool of mortgage loans...

A trading shell is a shell company whose common stock may be publicly bough and sold on an established market...

A plus tick (uptick) that occurs when the execution price is the same as the previous trade, but higher than...

LIBOR (or Libor) refers to the London interbank offered rate, which is an interest rate quoted by the most creditworthy...

A market order is an order to buy or sell a contract or security at the best price currently available...

Al-ghubn (الغبن) denotes the meanings of fraud, inequality, deceit, cheating, etc. In the context of mu’amalat, al-ghubn may arise from...

Murabaha is one of the most popular financing modes used by Islamic banks and financial institutions. It is type of...