In the United States, crimes can be categorized into 3 classifications based on their severity: (1) felony, (2) misdemeanor, and (3) infraction. 1. Felony Definition of Felony: A felony is a crime of high seriousness and can be punished by imprisonment for over one year or, in some cases, death. Offenders who have committed felonies …
Month: June 2022
Keywords: Money Market, Financial Instruments, Commercial Paper, Money Market Accounts (MMA), Money Market Funds, Treasury Bills (T-Bills), Banker’s Acceptance (BA), Repurchase Agreement (Repo), Certificate of Deposits (CDs) 1. What is the Money Market? The money market is defined as an exchange market where short-term loans and debt securities (with maturities of less than one year) …
Keywords: federal crimes, state crimes, jurisdiction over crimes When it comes to criminal law, jurisdiction is a crucial topic to understand since federal and state charges can be considerably different. In the United States, both federal and state courts can hear and adjudicate criminal cases. However, federal and state courts each have their own jurisdictions …
Keywords: Fixed income securities, government bonds, corporate bonds, CDs 1. Fixed income securities definition: Fixed income securities are financial instruments where investors offer capital (principal) to its issuer for exchange that the issuer will make periodic payments of fixed interests in addition to the eventual return of the principal when the security reaches maturity. Principal: …
Keywords: Constitutional Rights, Bill of Rights, Due Process, search and seizure, right to remain silent, warrant, probable cause, self-incrimination, double jeopardy, right to lawyer, grand jury, witness 1. Bill of Rights and Due Process Protection The Bill of Rights consists of the first ten amendments to the United States Constitution and forms the foundation of …
Keywords: broker, dealer, exchange, asset, bid and ask, OTC 3 Ways to Trade To buy and sell assets, there are three main ways people use to trade: (1) Brokers (2) Dealers (3) Exchanges 1. Broker Definition A broker is a middleman between an investor and a securities exchange. To be more specific, a broker is …
Keywords: criminal law, criminal procedure, prosecution, sentencing, probation. 1. Civil law, criminal law and administrative laws are different areas of laws In the United States, the legal system is largely comprised of three divisions: civil, criminal, and administrative. Civil cases are private disputes between people; criminal cases are charges against the society; and administrative cases …
Keywords: Strict liability tort, strict liability vs negligence, strict liability tort examples 1. Strict liability tort definition Strict liability tort is the type of tort where a person is liable for injuries, regardless of what his/her intent or mental state was when causing the injuries. There are three common types of strict liability cases: (1) …
Asset Classes Assets are the subject of trading. Analysts generally group the financial assets with similar structure together and categorize them into five asset classes: Stocks, shares and equities Fixed income investment Cash equivalents Real estate Financial derivatives 1. Stocks, shares and equities Definition: Stocks, shares and equities are units of ownership in a company. …
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