Author: Denise L.Evans
A trading book is the portfolio of financial instruments held by a brokerage or bank.
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
The Complete Real Estate Encyclopedia
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Authors with more than 65 combined years in real estate give you:
- Jargon-free definitions of almost 3,500 terms and topics
- Up-to-the-minute information on everything from mortgages to accelerated tax write-offs
- 250 illustrations covering architectural design, completed formulas, charts, and graphs
- Valuable lists such as 100 concepts to be an effective real estate agent, 50 must-know terms for homebuyers and sellers, 100 tax terms important to investors and homeowners, and secret buzz words and slang used by experienced real estate professionals
The unique online real estate component gives you fast access to tools such as:
- 75 fill-in-the-blank, legally binding real estate forms
- 100 interactive real estate formulas
- Real estate calculator for over 50 problems
- Spreadsheet formulas for common real estate functions
- Links to more than 450 real estate websites
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