Gazundering is a common tactic in property transactions where a buyer attempts to renegotiate the agreed-upon price at the last…
Gazumping occurs when a seller accepts a higher offer on their property after already agreeing to a sale at a…
A fixed-rate mortgage offers predictable monthly payments for the life of the loan. The interest rate remains constant, simplifying budgeting…
A defined contribution pension plan is an employer-sponsored retirement savings plan where contributions are made by the employee and/or employer.…
A credit crunch is a sudden reduction in the general availability of loans or credit, or a sudden tightening of…
A carry trade involves borrowing in a low-interest-rate currency to invest in a higher-interest-rate currency. It aims to profit from…