About the author

Mark Holland

Share

Definition of letter of credit

By Mark Holland / 13 hours ago

What is a letter of credit? A letter of credit, or “letter of credit,” is a letter from a bank that guarantees that a buyer’s payment to a seller will be received on time and in the correct amount. In the event that the buyer cannot make the payment for the purchase, the bank must […]

Share

7 Tips for Planning Your Dream Retirement Overseas

By Mark Holland / 13 hours ago

Phovoir / Shutterstock.com Whether heading for a beachside paradise or Old World city, you have much to do when planning your perfect overseas retirement. “Picking the place can be a lot of fun, but not so much are the nitty-gritty details,” says Kathleen Peddicord, Live and Invest Overseas publisher who’s been offering advice to American […]

Share

Refund Trigger Definition

By Mark Holland / 13 hours ago

What is a recast activator? A consolidated trigger is a clause in a loan agreement that triggers an unscheduled modification of the loan’s remaining repayment schedule, such as your payment schedule, if certain conditions are met. Key takeaways A consolidated trigger is a provision in a loan agreement that can result in an unscheduled modification […]

Share

16 Things That Were Invented by Accident

By Mark Holland / 14 hours ago

lithian / Shutterstock.com We all make mistakes every day: Dropped things, wrong turns, lost items, misspelled words. Most of those mistakes are quickly forgotten, and we move on. But sometimes, mistakes turn out to be happy accidents. Throughout history, decisions and actions that seemed like errors at the time have occasionally turned into wonderful discoveries. […]

Share

4 Smart 529 Plan Alternatives to Consider

By Mark Holland / yesterday

Since their debut in 1996, 529 Savings Plans have been one of the best vehicles available to cover college costs. Congress expanded these plans to cover K-12 education in 2017 and to pay off up to $ 10,000 in student loan debt in 2019. But useful as they are, 529 savings plans aren’t your only […]

Share

How is an IPO valued?

By Mark Holland / yesterday

OPI analysis When it comes to setting the price of a financial asset traded on the market, the basic laws of economics apply: its value is set by the forces of supply and demand. From a high level, newly issued shares are no exception to this rule: they are sold at the price that a […]

Share

Where to Find Travel Discounts for Seniors

By Mark Holland / yesterday

Freebird7977 / Shutterstock.com Editor’s Note: This story originally appeared on Living on the Cheap. Once you get to the golden age of 50, you will start to qualify for senior discounts. Whether you plan to visit grandchildren who live out-of-state, or you’re hoping to travel abroad, take advantage of the deals available on transportation, lodging […]

Page 3 of 668