Stacey 
An altered check is a check that has been modified in some way without the permission of the payee. The alteration could be as simple as changing the dollar amount or the payee’s name. Altering a check is a form of check fraud and is a crime in many jurisdictions. There are a few different … Read more
A curve steepener trade is an investment strategy that involves buying long-term bonds and selling short-term bonds in order to profit from a rise in interest rates. This trade is based on the premise that long-term rates will rise at a faster pace than short-term rates. To execute a curve steepener trade, the investor must … Read more
The variance in terms of probability and statistics is a variable represented through the dispersion of some data. Thus, the definition of variance is therefore the result of deviations with respect to the distribution mean. In other words, the concept of variance is an arithmetic mean. What is the variance for? The theory of variance … Read more
