Posted on May 12th, 2009 by moneyvsdebt
The foreign exchange market (currency, forex, or FX) is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that [...]
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Posted on March 31st, 2009 by moneyvsdebt
An attorney at law (or attorney-at-law) in the United States is a practitioner in a court of law who is legally qualified to prosecute and defend actions in such court on the retainer of clients. Alternative terms include counselor (or counsellor-at-law), and lawyer.
The U.S. legal system has a united legal profession, which means that it [...]
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Posted on February 26th, 2009 by moneyvsdebt
A cash advance is a service provided by most credit card and charge card issuers. The service allows cardholders to withdraw cash, either through an ATM or over the counter at a bank or other financial agency, up to a certain limit. For a credit card, this will be the credit limit (or some percentage [...]
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Posted on February 26th, 2009 by moneyvsdebt
Predatory lending is one form of abuse in the granting of loans. It usually involves granting a loan in order to put the borrower in a position that one can gain advantage over him or her. Where the moneylender is not authorised, it could be considered a loan shark.
Usury is a different form of abuse, [...]
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Posted on January 7th, 2009 by moneyvsdebt
US patent application number 20080319910, published on Christmas Day 2008, details Microsoft’s vision of a situation where a “standard model” of PC is given away or heavily subsidized by someone in the supply chain. The end user then pays to use the computer, with charges based on both the length of usage time and [...]
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