Undertakings for Collective Investment in Transferable Securities.

Undertakings for Collective Investment in Transferable Securities (UCITS) are mutual funds that are authorised to be marketed to retail investors in the European Union. UCITS must comply with a harmonised regulatory regime that provides for investor protection, minimum operational standards and depositary requirements. UCITS funds can be either actively or passively managed. Actively managed UCITS … Read more

Appraisal Ratio Definition.

The appraisal ratio definition is the percentage of a property’s appraised value that its owner actually owes on the mortgage. For example, if a property is appraised at $100,000 and the owner owes $80,000 on the mortgage, the appraisal ratio is 80%. Appraisal ratios are used by lenders to determine whether a borrower has enough … Read more

What is microblogging?

A definition of microblogging is the form of communication or publication system that is based on the sending of short text messages, usually with a maximum length of 140 characters, through tools created with that mission. What is a microblogging and what is it for? The concept of microblogging, is also known as nanoblogging, and … Read more