What Is a Profit Target?

A profit target is a level at which a trader exits a trade in order to realize a profit. Profit targets can be based on a number of factors, including technical analysis, Fibonacci levels, support and resistance levels, and price patterns. Many traders use a combination of these factors to determine their profit targets. How … Read more

Variable Rate Demand Note (VRDN).

A Variable Rate Demand Note (VRDN) is a type of debt instrument that typically pays interest at a variable rate. VRDNs are generally issued by large financial institutions and have a relatively long maturity date. Interest payments on VRDNs are usually made on a monthly or quarterly basis. VRDNs can be an attractive investment for … Read more

Transfer Tax Definition.

A transfer tax is a tax imposed on the transfer of ownership of property. The tax is based on the value of the property being transferred. Which document transfers property to the buyer quizlet? The answer to this question depends on the jurisdiction in which the property is located. In most jurisdictions, the document that … Read more