What Is a Zero-Lot-Line House?

A zero-lot-line house is a house that sits on a lot with no space between the house and the property line. This type of house is often found in areas with a high population density, where land is at a premium and there is little room for yards or other open space. What is the … Read more

What Is a Credit Default Swap (CDS)?

A credit default swap (CDS) is a financial contract that enables the buyer to protect themselves against the risk of default on a debt instrument, usually a bond. The buyer pays a premium to the seller in exchange for this protection, and if the underlying instrument defaults, the seller pays the buyer the face value … Read more