What Is a Stock Power?

A stock power is a document that gives another person the authority to buy or sell shares of stock on your behalf. The person you give this authority to is typically called your broker. Who is the legal owner of a custodial account? The legal owner of a custodial account is the account holder, who … Read more

What Does Cum Laude Mean?

Cum laude is an academic distinction that indicates a student has graduated with honors. The term is derived from the Latin words for “with praise.” Cum laude is typically awarded to students who have earned a GPA that is in the top 20-25 percent of their graduating class. Some schools use a separate GPA scale … Read more