What Is the Broker’s Call?

A broker’s call is a demand by a broker for additional collateral to support a position that has become margined. The collateral may be in the form of cash or securities. A broker may make a call when the value of the collateral has fallen below a certain percentage of the value of the securities … Read more

What Is a Pay Day Loan?

How It Works, How to Get One, and Legality. What Is a Payday Loan? What are flex loans? A flex loan is a type of personal loan that allows borrowers to take out a loan and then repay it over time in scheduled payments. Flex loans typically have a fixed interest rate and a flexible … Read more

Understanding T Distribution.

The T distribution is a statistical distribution that is used to estimate population parameters when the sample size is small. The distribution is also known as the Student’s t-distribution. The T distribution is a continuous probability distribution that has a bell-shaped curve. The curve is symmetrical around the mean, and the tails of the distribution … Read more