A poison pill is a defensive tactic used by a target company to prevent or discourage a hostile takeover. It…
The Office of Fair Trading (OFT) was a non-departmental public body in the UK responsible for promoting and protecting consumer…
Net asset value (NAV) represents the per-share market value of a mutual fund or ETF. It's calculated by subtracting liabilities…
The mortgage term is the duration over which a borrower agrees to repay their mortgage loan. It significantly impacts monthly…
Mortgage indemnity protection, often called a guarantee, is an insurance policy protecting lenders against borrower default. It's typically paid by…
A home reversion plan allows homeowners, typically over 55, to sell a portion or all of their home's equity for…
A discount mortgage allows borrowers to pay discount points upfront to lower their interest rate over the life of the…
The Competition Commission is an independent body responsible for promoting and protecting competition in the marketplace. It enforces competition law…
Chapter 11 bankruptcy allows businesses and individuals to reorganize their debts while continuing operations. It offers a path to financial…
Buildings insurance covers the cost of repairing or rebuilding your home if it's damaged or destroyed by events like fire,…