What is an Intermarket Surveillance Group? The Intermarket Surveillance Group (ISG) serves to disperse information to regulators and security exchanges in various states and countries. It comprises over fifty organizations from various parts of the world. This group was established by US exchanges in 1981. The financial regulators comprising its mem...

If Two or More People Jointly Own Real Estate Property and One Wants Out, Can that Person Force a Sale of the Property? It is a common occurrence for individuals who are not married to own property jointly. This is generally known as holding property as “joint tenants” or as “tenants by the entirety”. In these scenarios, the property is held jointly...

What is a Discount for the Lack of Control? A Discount for Lack of Control is a fixed amount or percentage deducted from the selling price of a block of shares. The amount is deducted from the share value because that block of shares lacks some or all powers of control in the firm. How Does aStock Discount for Lack of Company Control Work? The minor...

How Important is the Real Estate Seller’s Attorney? The process for purchasing and selling real estate can be a very complicated process. It really depends upon the nature of the property and transaction. For example, a commercial real estate purchase generally has more considerations than a residential purchase. A purchase that involves existing mo...

What is an All-In-One Mortgage? An all-in-one mortgage is a loan that allows for the combination of mortgage and savings by borrowers. This type of loan reduces the interest payment that borrowers make on their mortgage but also ties the home loan to the savings of borrowers. An all-in-one mortgage offers consumers their home loans (mortgage) and sa...

What is a Market Discount on Bonds? Market discount refers to the difference between the specified redemption price of a bond and its secondary market purchase price, specifically when the purchase price at the time was below par. It can also be defined as any given bond with a market discount. How Does a Market Discount on Bonds Work? Market discou...

What is a Tranche? Tranches refer to pieces of securities or debts created to group characteristics or divide risk so as to be marketable to various investors. Each portion or tranche refers to one of the various related securities offered simultaneously but with different risks, maturities, and rewards which can appeal to investors of different typ...

What is an Associate In Management (AIM)?  The Associate in Management refers to a professional title program in the property-casualty and risk management insurance industry offering further education in management to mid-level managers. The AIM designation program has a goal of ensuring that it enhances the management and decision-making abilities ...

What is a Backlog? A backlog refers to a pile-up or accumulation of work that is yet to be done. For example, a backlog could be an accumulation of unfilled sales orders. A services company may experience a backlog in the ability to carry out request orders in a specified time frame. ...

What are the Federal Sentencing Guidelines? In 1980, a federal sentencing commission developed sentencing guidelines for federal crimes. Initially they were mandatory for federal courts, but later became discretionary. The federal guidelines are still very influential in the sentencing process. Some states have model guidelines for use in state-law,...