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What is a Closing Agent?

For some transactions it can be very beneficial to have a neutral party. Such an individual can liaise between the buyer and seller to ensure that everything proceeds correctly. Such a service isn’t required for most daily transactions, but it can be vital for more important transactions. A closing agent is an individual who is often used during the final stages of a property deal. This person will ensure that all the documentation is as it should be and that all the right steps are taken to finalize the deal. They also ensure a smooth transition of the property from the seller to the buyer.

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What Is a Merchant Bank?

A merchant bank is quite different from the type of bank that can be found on a high street. This is not somewhere to go when you want to withdraw money or deposit checks. Merchant banks are not aimed at satisfying the needs of the general public. Instead they focus on other functions such as big business loans, stock underwriting, and international finance. These institutions can be responsible for huge sums of money. Their typical customer will be other banks or financial institutions. They are sometimes referred to as wholesale banks because they work in a similar way to wholesalers for shops.

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What is a Jumbo CD?

When some of us first hear about a jumbo CD we may get a mental picture of compact disc packed full of great music. In fact, this type of CD actually refers to ‘certificates of deposit’ and a jumbo one of these means that it involves a very large denomination. In most cases this will be denominations greater than $100,000. This type of certificate of deposit is usually considered to be a low risk investment.

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What is an Attrition Rate or Churn Rate?

One important piece of information that every business will want to have is how they are performing. One way to get this information is to consider the attrition rate – also known as the churn rate. This is a measure of how many customers leave within a certain time period along with the employee turnover as well. An easier way to describe this would be to say that the churn rate is the number of individuals who leave an enterprise within a certain time frame.

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Is There a Link Between Office Temperature and Worker Productivity?

We may not always realize it but our environment has a huge impact on our thoughts, feelings, and actions. It is now generally accepted that changing the environment of the individual will have a huge impact on their behavior. In the work environment there will always be a need to promote productivity. Humans are the most important resource that any company will have so it is vital to get the most from the. There is a lot of interest in how the work environment impacts productivity. One aspect of this is office temperature. Read the rest of this entry »

Top 5 Best Global Economic Crisis Books Reviewed

Economic crisis can lead to much human suffering but it is also when the economy tends to be most interesting. These global crises have happened more than once in the past and they are likely to happen again in the future. It is hoped that by understanding the mistakes of the past that we will be able to prevent them from occurring again in the future. There have been some great texts written on this topic. Here is the top 5 best global economic crisis books reviewed.

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What is Unearned Income?

People will usually have different types of income. For instance, they may have their salary and other money they get for providing services. For tax purposes it is necessary to declare not only your earned income but also you unearned income. There can be confusion though, about what this unearned income actually refers to. In simple terms this unearned money is any money that you have been paid but you have not yet earned. For example, if you have been paid money in advance for some service that is not yet complete then this would be considered to be unearned income. There are also other types of unearned income that we will consider below.

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What is Amway?

Pyramid selling has developed a bit of a bad reputation over the years. Many experts view this type of business model as a type of scam. It needs to be said that some pyramid selling enterprises are better than others. By far the most well known and successful seller that uses this technique is Amway. This company was set up back in 1959 and is hugely successful. It currently employs about 13,000 people and makes about $9.2 billion each year in revenue.

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